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ASIC appeals ruling in case against payday lenders Cigno, BHF Solutions
Adam Pomerenke 2021-07-20 9:09 pm By Cindy Cameronne Sydney
ASIC is challenging the dismissal of its enforcement action against payday lenders Cigno and BHF Solutions in a decision that found the companies did not need a licence to issue loans to hundreds of thousands of consumers.
Judge tosses ASIC’s case against payday lenders Cigno, BHF
Adam Pomerenke 2021-06-23 9:47 pm By Cindy Cameronne Sydney
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.