Harmful financial loans pose a significant risk to the health of Australian consumers.

Harmful financial loans pose a significant risk to the health of Australian consumers.

Overview

Harmful financial loans pose an important hazard to the well-being of Australian consumers. In the last few years, Australia has witnessed the emergence and expansion of non-mainstream, or ‘fringe’ financial loans. In accordance with customer advocates, providers of several of those items produce significant earnings by firmly taking advantageous asset of their clients, billing above-market rates, high rates of interest and unconventional, ad hoc costs. There is certainly proof that such services and products provide to entrench the drawback of customers who’re currently marginalised.

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Kind of grant: Australian Research Council Linkage Grant.Associate Professor Paul Ali (main detective) Paul Ali is a co-employee Professor during the Melbourne Law class. […]

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