Tag Archives: responsible lending

ASIC takes action against Swoosh for alleged responsible lending failures and DDO breaches

Posted on December 20, 2024 Posted inDesign and Distribution Obligations, National Credit CodeTags:ASIC, DDO, responsible lending

ASIC has started Federal Court proceedings against Swoosh Finance, alleging responsible lending failures and DDO breaches. Here is what the case is about and what it means for lenders.