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One in 20 Australians to get payback over 'outrageous' car loan ripoffs

6PR Breakfast with Millsy and Karl
6PR Breakfast with Millsy and Karl
Episode • Sep 20, 2023 • 5m

Maurice Blackburn Lawyers are set to take on insidious car loan "ripoffs" in another wide-ranging set of class actions aimed at compensating Australian victims.

The three actions relate to "flex commissions" paid to car dealers by Westpac Banking Corporation and St George Finance, Australia and New Zealand Banking Group Limited (Esanda), and Macquarie Leasing Pty Ltd in relation to consumer car loans made before the practice was banned in 2018.

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