Comment on Interest Rate Capping Measures for Fringe Lenders
Minit Software is a specialist software supplier to the lending industry. We were a finalist in the Queensland Consumer Protection Awards 2005 and were awarded a Highly Commended Award in the 2007 Awards. Minit Software promotes compliance with the Code and other legislation. In order to do this, we held our first Conference for microlenders in 2006 that was opened by the Queensland Fair Trading Commissioner. Last year’s conference was held in May and we take this opportunity of thanking the Department again for supporting it. Neither the author nor his business partner has any financial interest in any lender. Aside from the software produced inhouse, specifically by or for franchised organisations, Minit Software is the industry leader in the Australian market. It has current clients in Queensland, New South Wales, Victoria, South Australia and Tasmania and will shortly have our first client commence in Western Australia operating.

» Download Full Article