NAB High Court Case Pending Regarding Loan Payout Abuses

NAB In Trouble Again - Payout Malpractice Rife

Summary: 

Elliot Sgargetta - in a David versus Goliath battle - Seeking his day in the High Court to find justice against NAB - the bank that tried to force a trapped customer to pay an extra $24,000 on a loan payout. Now NAB want to take his house. Elliot has put six years of his life into this. NAB and the other banks are in big trouble if Elliot can set an important precedent.

Article Information
Category: 
Banking Company: 
NAB
Bank Malpractice Type: 
Predatory Lending
Unconscionable Conduct
Author: 
Neal Woolrich
Source: 
ABC News
Date First Published: 
5 Sep 2014
Posted By
Peter Brandson
Peter Brandson's picture

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