If you want to know if someone is lying to you don't ask them. ...

If you want to know if someone is lying to you don't ask them.  Of course the company is going to say that, but the message on the otherside of the fence feels different.  The message coming out of ASIC off the back of the royal commission is that they're going to come after anyone seen to be applying debt pressures to overdrawn households. ASIC is at risk of being shut down entirely if it isn't able to prove it's worth.  Read the article on ABC business page, its clear ASIC are not comfortable letting these lenders operate in the manner they currently do.