Payday lender Money3 refunds $100,000

Action by ASIC has seen Australia's second-largest listed payday lender, Money3, end a two payments 'fixed fee' loan arrangement and to refund more than A$100,000 to consumers. read more

Thin Cats weighs up growth options

ThinCats Australia, a peer to peer lender to small and medium sized enterprises, said it is "weighing up options to expand" beyond its base of 200 lenders, accounting firms and finance brokers. read more

Cash Converters agree to $23 million payout

Australia's largest payday lender, Cash Converters, is to refund A$20 million in interest and fees to thousands of borrowers after agreeing to settle a class action out of court. A further $3 million.. read more