ASIC wins hard-fought case against payday lenders after High Court challenge

Adam Pomerenke 2023-07-12 9:31 pm By Cindy Cameronne | Sydney

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ASIC has won orders declaring that Gold Coast-based BHF Solutions and Cigno needed a credit licence to issue loans to hundreds of thousands of customers, after the High Court tossed a challenge by the payday lenders.

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