RLC wrote a submission for the Federal Treasury’s Review of Small Amount Credit Contract Laws and Comparable Consumer Leases (‘SACC Review’) in October.
22 January 2016
The Interim Report has been released and RLC has responded. RLC welcomes the opportunity to contribute further to the SACC Review upon the release of the Committee’s Interim Report.
The Interim Report represents a significant step forward in addressing the harm caused to vulnerable consumers who access these financial products. We believe that enhancing consumer protection and compliance measures is the most effective way to ensure the long-term viability of the industry, for consumers and industry alike.
You can read RLC’s original submission here.