Sorry to here about your friend,pardon me for asking about your loan, but the reason I asked was a small group 3 actually reckon that Adelaide bank was a third tier lender in that it it was an wholesale loan lent to Great southern finance who then was the lender for the retail loan.
So did great southern finance have an ABN no.---yes
did it go broke GSFin----- yes
So what Young onward sold the loans at a discount,did Javelin have a fin number?
and wasn't your money suppose to manage and grow your investment?or was it LVR'd to purchase OTHER investments?
In short it was imo an Agricultural loan and APRA have very specific criteria for lending.
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