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ASIC's Investigation Highlights Issues in Car Finance Sector

Regulator Finds Excessive Fees and Early Defaults in Vehicle Loans

ASIC's Investigation Highlights Issues in Car Finance Sector?w=400

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The Australian Securities and Investments Commission (ASIC) has recently conducted a comprehensive review of the nation's motor vehicle finance sector, uncovering significant issues that raise concerns about consumer protection and lending practices.

Published:Wednesday, 26th Nov 2025
Author: Paige Estritori

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Guarantor:
A party who agrees to be responsible for the payment of another party's debts should the original party fail to pay or perform according to a contract.