We welcome the opportunity to provide comment on the Review of the small amount credit contract laws inquiry’s interim report, published in December 2015.

Overall, Uniting Communities regards the observations and options outline in the interim report as positive. It is particularly pleasing to see that important issues such as the adequacy of responsible lending obligations for protecting consumers of  small amount credit contracts (“SACC’S”), repeat borrowing, default fee’s for SACC’s and the adequacy of regulatory protections for consumer leases have not been overlooked.

View submission here