DRS Statement, page-26

Interesting that you didn’t answer my direct questions at all. The Credit Protection Act is designed to protect consumers from harm. What level of harm do you believe is being inflicted on consumers by Afterpay?? The regulators have actually investigated this question in depth and have come to the conclusion that it is a very low level of harm.

Conversely credit card providers (generally banks) are required to do responsible lending checks before granting someone a CC and yet over 50% of consumers do not pay off their CC each month and hence revolve in debt at exorbitant interest rates. How is the Act actually protecting consumers in relation to CCs?? I would suggest very poorly.