Australians to face new credit lending barriers | Sky News Australia

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Under the changes, customers who sign up for new cards will have to prove they can repay the full balance within a three-year period.

 

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Three years? If you can’t pay it in three weeks you shouldn’t have it.

This has got to be good news for Afterpay

And they wonder why the economy is going soft. More regulations that hinder businesses and consumers causes the economy to weaken.

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