Article: Fed: Govt announces shake-up of consumer credit laws


AAP General News (Australia)
10-03-2008
Fed: Govt announces shake-up of consumer credit laws

The federal government will target dodgy mortgage dealers and payday lenders as part
of an action plan agreed to at yesterday's Council of Australian Governments meeting in
Perth.

Other predatory lending practices .. including unsolicited offers to extend credit
card limits .. could be targeted in the second phase of a four-year overhaul of consumer
credit laws.

Prime Minister KEVIN RUDD says greater consumer protection is needed .. particularly
in ...

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