Legal
November 4, 2020
CBA Fined $150,000 For Lifting Known Problem Gambler’s Credit Limit
The Commonwealth Bank of Australia has been fined AUS$150,000 (US$107,053) by the Federal Court on October 22 for increasing a problem gambler‘s credit card limit. The bank has breached the National Consumer Credit Protection Act 2019, the Federal Court said. Federal Court Slams CBA The customer, David Harris, had warned the bank of his gambling […]
