Bendigo Adelaide have just issued Letters of Demand to all...

Bendigo Adelaide have just issued Letters of Demand to all customers in arrears by 12 days or more. The letters demand full repayment within 7 days, and threaten legal action forthwith, along with a default notice, a visit from the ATO and all legal costs to be borne by the borrower.

Game, Set and Match...

Can't wait to tell ACA, the Fin Review, Four Corners and the Australian. I get the feeling that they are panic stricken about these loans.

BTW BEN stridently when I contacted their Customer Service Line, they strenuously denied that they bought the loan Book for 38c in the $.