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Credit Ombudsman Service Limited (COSL)

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2011
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2009
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2008
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2007
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2006

Media Releases

Releases from 2009

27 Apr 2009
12. COSL applauds government change

The Credit Ombudsman, Mr Raj Venga, has applauded the Commonwealth Government’s decision to increase to $500,000 the monetary threshold under which borrowers with loans not exceeding that amount may seek assistance from lenders if they are experiencing financial hardship.

11 Feb 2009
11. Victorian bushfires & financial relief

Mr Raj Venga, Credit Ombudsman, said this morning that “The human tragedy being experienced by ordinary Australians as a result of the horrific bushfires in Victoria and the relentless floods in North and North West Queensland will undoubtedly tip a significant number of borrowers and their families into severe financial hardship”.

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