Luxury
BMW to pay A$77m for irresponsible lending in Australia
Australia's corporate regulator said on Tuesday that German carmaker BMW has to pay A$77 million (S$81.148 million) to compensate customers who received loans they could not afford, in what is Australia's largest ever consumer credit remediation programme. The payments will compensate at least 15,000 customers who may have suffered hardship…
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Click here to read the full story: The Business Times