Most Recent
Judge tosses ASIC’s case against payday lenders Cigno, BHF
Financial Services 2021-06-23 9:47 pm By Cindy Cameronne

A court has dismissed ASIC’s enforcement action against payday lenders Cigno and BHF Solutions, finding the companies did not need a licence to issue loans to hundreds of thousands of consumers.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Cigno, BHF say they did not need a licence for payday loans
Financial Services 2020-11-03 3:41 pm By Miklos Bolza

Facing an ASIC enforcement action over alleged breaches of Australian credit laws, payday lenders BHF Solutions and Cigno claim they did not need a licence to issue loans to hundreds of thousands of consumers.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?