January 25, 2018 BY Valentina Kirilova
ASIC takes action against payday lending companies for unpaid fines
ASIC just announced that it has commenced proceedings for recovery of unpaid fines against Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (Burleigh Heads) Pty Ltd (the FAF Companies). In March 2017, the Federal Court fined the FAF Companies a total of $730,000, after finding in proceedings brought…
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