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payday loans, consumer leases, blackmail securities and credit 'management'

  • Written by Saurav Dutta, Head of School at the School of Accounting, Curtin University
imageBusinesses are structuring their lending practices to exploit loopholes in consumer credit lawsShutterstock

From Shakespeare’s Shylock to Dickens’ Ebenezer Scrooge to HBO’s Tony Soprano, characters who lend out money at exorbitant interest rates are unsavoury.

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