Cash Converters SP, page-2

The usual reaction when the press decide to report on payday lenders. Cash Converters have said on many occasions that tighter regulations are to their favour because of good governance and controls they have in place - relative to other payday lenders. Notwithstanding the current NSW case, doesn't seem to be much happening with that case its been going on for a year or more, I doubt there is evidence in support of the plaintiff.

Unfortunately while CCVs type of business provides a service that is needed in the community it is also easy prey to the 'mongrels taking advantage brigade'. The press will always latch on to that as it appeals to the masses.
Payday lenders in ASIC's firing line

PUBLISHED: 20 Feb 2015 11:38:41 | UPDATED: 21 Feb 2015 02:54:00

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