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Australian Ombudsman

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  • Australian Ombudsman

    Not sure if I'm posting this in the right place.

    Australian Ombudsman's view


    One bank wrongly listed credit defaults for 1600 customers who incurred penalty fees on accounts. The Ombudsman said its view was that listing of credit defaults with Veda or D&B must relate to the provision of credit and the incurring of fees on overdrawn accounts did not amount to credit.

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