Trying to understand CLH, page-24

I don't believe you really know what you are talking about - of course, Lion Finance Pty Ltd, owned by CLH, charge interest on the debt - they buy the debt at a high discount, then chase the debtor for the full amount + plus charge 11% pa on the outstanding balance, then they take the debtor to bankruptcy court if they don't pay.

Where do you get your beliefs from? Do some research before making statements about what you "believe" so that you can actually make statements about what you actually "know".

Belief is meaningless.