No Interest Loan Schemes
After speaking yesterday about the $1.2M penalty handed down to the local used car dealer providing dodgy deals to buyers of his own used cars, this morning I spoke with CEO of Good Sheperd Microfinance Adam Mooney about 'appropriate' options available to Aussie battlers. The No Interest Loan Scheme is a way that people on a tight budget can obtain interest free loans for household essentials. Instead of paying 48% interest (or even more), this is a fantastic opportunity for those who can least afford dodgy deals.
Listen to what Adam Mooney had to say here: