Federal Court orders Money3 to pay $1.55 million penalty for responsible lending breaches

26-084MR

civil penalty27 Apr 2026Penalty $1.55M

Respondent

Money3 Loans Pty Ltd

Facts

The Federal Court has ordered Money3 Loans Pty Ltd (Money3) to pay penalties of $1.55 million for breaching responsible lending obligations when providing car finance to vulnerable consumers.

Outcome

ASIC civil penalty of $1,550,000 — Money3 Loans Pty Ltd (2026-04-27). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-084mr-federal-court-orders-money3-to-pay-155-million-penalty-for-responsible-lending-breaches

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