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Personal Loans

Consumer credit insurance confusion spurs ASIC overhaul

The Australian Securities & Investments Commission (ASIC) has commenced work with representatives from the banking industry on reforming Consumer Credit Insurance (CCI) in Australia.

Mark Bristow

Mark Bristow -

02 Aug, 2017 -

3 min read

Personal Loans

Personal loan and credit card customers get $1.1m refund

Hallmark General Insurance Company, trading as Latitude Insurance, will provide refunds of approximately $1.1 million to 905 customers.

Nick Bendel

Nick Bendel -

22 Dec, 2017 -

2 min read

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Car Loans

QBE refunds car insurance after ASIC review

Insurance provider QBE has paid out $15.9 million in refunds to car insurance customers who were receiving little to no benefit from their policies, following a review from the Australian Securities & Investments Commission (ASIC).

Mark Bristow

Mark Bristow -

03 Aug, 2017 -

2 min read

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Credit Cards

CBA faces $10m bill for ripping off customers

Commonwealth Bank will refund about $10 million after selling unsuitable consumer credit insurance to tens of thousands of Australians.

Nick Bendel

Nick Bendel -

15 Aug, 2017 -

2 min read

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