The Herald Sun January 8 edition carried an opinion piece by Fiona Guthrie that wrongly stated LatitudePay offers spending limits up to $5000, when the limit is in fact $1000 for new customers and up to $1500 for existing customers.
Contrary to other general claims made in the article, LatitudePay customers are never issued with a BNPL (Buy Now, Pay Later) account without first passing a credit check at sign-up.
Latitude is also a member of the independent dispute resolution body, the Australian Financial Complaints Authority, and works with the authority on a regular basis to quickly resolve any customer issues.
Latitude is actively involved in the development of a proposed industry code of practice.
- Mark Gardy, general manager of corporate affairs, Latitude Financial
This article was republished from the Herald Sun. See the original article here!