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I thought they might at least prove if it was a scam or that their process was just. If they did then we wouldn't end up with another Henry Kay situation. If they said it was above board and legal then that is really all that was needed, they don't need to say use it and if not then have a...

Hi Rolf, Well you can see the response from both parties. I was a little surprised with ASIC response as well but that is all I got from them. I posted the website for them and thought they would go a look at it. Guess they weren't interested. David

I thought I'd question ASIC over the claim of interest free, since they don't allow people to advertise seminars and this is the response: ---------- Thank you for your email. ASIC do not regulate companies that offer loans or credit. These kind of activities are regulated under the...

So basically they just divide the loan amount by the number of years and you just pay that back? ie we would just pay back the principle They would still need to check service ability on the amount you take out regardless of interest? Can you pay it back faster? They may require you keep...