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35 million for 30 infringement notices. ABC News: Giulio Saggin, file photo. Payday lender Cash Converters will refund consumers millions of dollars and pay an infringement notice after an investigation by the Australian Securities and Investments Commission (ASIC). Key Points. Refunds on 118,000 small credit contracts Cash Converters to refund 10.

8 million in fees ASIC says Cash Converters violated responsible lending obligations.

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