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Fine them for everthing they’ve got, then charge them the same prices for items to rebuild their life
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This is the best summary I could come up with:
An approved provider directly arranges contracts with Centrepay’s 600,000 monthly users, taking repayments before the money hits their bank account.
“People are going in with blind faith [thinking] that because it is endorsed by Centrepay, that it’s an ethical business and they’re going to be treated fairly,” said Caitlin Bender, AnglicareNT financial counsellor.
The corporate regulator gathered Rent4Keeps customer data over a three-month period in 2019, which showed the appliance company had arranged 533 contracts valued at more than $1.8 million.
Mr Payne operates Rent4Keeps Australia and replaced his wife Vikki as sole director of both the Victorian and NSW franchises in July last year.
A solicitor for Rent4Keeps Australia and its Victorian franchise did not respond to questions about why his clients continued operating in NSW, but said they would vigorously defend ASIC’s allegations at a trial in February 2024.
Services Australia told 7.30 it was unable to comment on individual businesses or those subject to ongoing legal action, but that it was “working across government to stamp out predatory behaviour to ensure Centrepay can continue to operate as a useful budgeting tool”.
The original article contains 849 words, the summary contains 183 words. Saved 78%. I’m a bot and I’m open source!
That is a terrible dummary. Bad bot!
Haha yeah, in 200 words summarising an 800 word article, it’s managed to skirt around all the meat of the article, so we don’t actually know what the issue was, just peripheral mentions that Centrepay is somehow involved, a fair amount of money and customers are possibly involved, and the company doesn’t want to comment, essentially. None of which tells us what was going wrong. We get more of an idea from the original title!
Very bad bot!
Honestly though, isn’t this kind of on the customer for agreeing to it in the first place?
Some things just shouldn’t be allowed, especially when this is aimed at the most vulnerable of society.
Ok, what is it specifically that shouldn’t be allowed here? Renting items? Setting prices higher than somebody else?
In this case it’s through the Centrelink specific Centrepay system. Given it’s a government approved system they can presumably remove approval of this company for any reason, so it doesn’t have to reach a level of law breaking, just an obvious to everyone ethical breach.
In any case, as stated in the article, Rents4Keep are currently being sued by ASIC for breaches of the Credit Act.
Exactly. Houso’s gonna houso. If she’s going to put her whole life on new item afterpay, you deserve the stupid. This is someone who grew up in these communities and most get next gen tech and second hand/scratch and dent appliances. Just because you didn’t finish school doesn’t mean you can’t be shrewd
I am apparently the next Mussolini though, if you go by the rest of these comments. It’s like nobody gives a fuck about education any more.
