Mondaq Asia Pacific: Consumer Protection > Consumer Credit
Holding Redlich
The store owner's informal 'book-up' system that supplied credit to Anangu customers was not considered unconscionable.
Kott Gunning
Your credit information is retained for a certain period of time, after which it must be removed from your credit report.
Holding Redlich
Equifax Australia admitted that it breached Australian Consumer Law prohibitions on false and misleading representations.
Worrells Solvency & Forensic Accountants
It is expected that one-year bankruptcy could provide a compelling alternative to debt agreements for consumer debtors.
Worrells Solvency & Forensic Accountants
Statistics show an ongoing trend of steady overall growth in personal insolvencies in Australia since June 2015.
Seyfarth Shaw LLP
The People's Republic of China is making progress in implementing its mandatory "social credit system." Multinational businesses in China should be watchful of this system, and ready for it when it rolls out – if it hasn't already.
Dhaval Vussonji & Associates
In contrast, the definition of operational debt is exhaustive in nature to mean inter alia a claim in respect of the provision of goods or services including employment.
Singh & Associates
A good credit score of a person/company is a sine qua non for good credit health and is crucial for a person to avail financial assistance.
Cavell Leitch
The Minister hopes that the Code will achieve the right balance between consumer protection and industry flexibility.
Chapman Tripp
A draft Responsible Lending Code has been released for comment, by the Ministry of Business, Innovation and Employment.
Chapman Tripp
Stronger consumer credit protections are proposed in the new Credit Contracts and Financial Services Law Reform Bill.
Shook Lin & Bok
On 30 September 2016, the Monetary Authority of Singapore issued a consultation paper inviting comments on a proposed change to the industry–wide borrowing limit for unsecured credit.
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