I should've known better and looked them up. I gave them all my banking info and personal info. when I applied. They said they would get back to me in 24 hrs.
It's been almost 7 days now. There is no human being who answers their 800 number it just says to email them. I've sent numerous emails oz cash loans no response. I put fraud alerts on my credit reports in fear they are going to do something with my personal info.
The regulator's deputy chairman Peter Kell said he is particularly worried about lending to welfare recipients. "ASIC is oz cash loans to protect financially vulnerable consumers, many of whom are recipients of payday advance places open on sunday payments, from falling victim to unsuitable payday loans," he said. "Payday lending is a high priority area for ASIC, and we will continue to pursue lenders who do not follow their responsible lending obligations.
" The independent expert will also review Cash Converters' business operations. Consumers who had oz cash loans or more small amount loans in the 90 days before taking out another small amount loan through Cash Converters' website during the period 1 July 2013 to 1 June 2016 will be contacted with information about their refund.
People are advised to lodge a complaint with the Credit and Investment Ombudsman if they believe they entered a loan contract with Cash Converters either in-store on online that was unsuitable. Refunds are 'without admission of wrongdoing' Cash Converters released a statement to the Australian Stock Exchange this morning saying it had cooperated with the ASIC investigation.
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