FinCap is invested in preventing harm caused by irresponsible lending is crucial to the financial wellbeing of everyday borrowers.

While it supports the transfer of regulatory responsibility for credit to the Financial Markets Authority, FinCap sees opportunities to provide more robust protections for consumers to improve everyday financial wellbeing for borrowers.

FinCap shared these opportunities in its submission on the Credit Contracts and Consumer Finance Amendment Bill.

You can read FinCap's submission here.