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Old 03-14-2011, 11:37 PM
Credit Mad Credit Mad is offline
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Join Date: Mar 2011
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Default New Credit Card Advertisng Internet Laws

In Australia new credit laws have been introduced to force any websites advertising or comparing finance products, including credit cards to abide by a new set of strict financial reguations. In order to compare credit cards with a website you now need to apply for a credit liscense the same as a bank, financial advisor or mortgage broker would need.

By doing this the Australia government is hoping to make liable any website giving mis-onformation or not abiding by the new finance advertising laws. Do you think this is a good idea and should other countries follow suite, or is this another expample of government trying to interfere in the expansion of the world wide web.

Last edited by DavidBibby; 03-15-2011 at 09:23 AM. Reason: Removed WebSite
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