Predatory loans to be outlawed

Have you ever been in debt that you’ve resorted to taking out another loan? Many people have, and with dire repercussions when it turns out their new interest rate is much higher than the old one.

This deadly cycle traps many Australians in a web of debt, one that Senator Lisa Singh hopes will be broken by the government’s new reform to consumer law.
She explains her views to Tim Brunero.

Producer: Bill Walter

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