Liberty Financial Group
About the Claim
Adero Law is investigating potential claims against Liberty Financial Group (and its subsidiaries Liberty Financial Pty Ltd and Secure Funding Pty Ltd) for potentially unfair lending practices, breaches of the National Credit Code, and conduct that may be unconscionable under Australian consumer and credit laws.
Some loans issued by Liberty Financial Group — including loans described as business, commercial, investment, or working-capital loans — may in fact have been used for personal, household, or residential investment purposes. In many cases, borrowers and guarantors may have secured these loans against their homes, exposing them to significant financial risk.
Adero is examining whether Liberty Financial Group may have engaged in practices including:
- providing loans with high default interest rates;
- failing to adequately assess a borrower’s capacity to repay the loan;
If these practices occurred, affected borrowers or guarantors may have legal rights to claim compensation or have aspects of their loan set aside or reduced.
How to Get Involved
You may be part of this investigation if you:
- borrowed from a company part of the Liberty Financial Group (such as Liberty Financial Pty Ltd or Secure Funding Pty Ltd);
- acted as a guarantor for a loan advanced;
- secured a loan against your residential property;
- took out a loan described as commercial or business, but used it for
- household or living expenses,
- personal financial needs,
- residential property investment, or
- refinancing prior consumer or investment debt;
- believe the loan terms were unfair or unsuitable.
If you or someone you know took out a loan with Liberty Financial Group and believe the terms were unfair you should register your interest.
Email: unfairloans@aderolaw.com.au
Phone: (02) 6189 1022
We will review your circumstances and advise whether you may have a claim.
HOW TO PARTICIPATE
If you, or someone you know, have borrowed or guaranteed an unfair loan, register today to find out if you have a claim, or contact unfairloans@aderolaw.com.au.
Frequently Asked Questions
Adero is currently in the process of undertaking investigations required to understand the viability of a potential actions. At this stage, Adero asks you to register your interest should you be interested in participating in future action.
Adero will not use or disclose you information except in accordance with the Australian Privacy Principles. Adero will store its data in its systems and will not use that material for any unrelated purpose or disclose it to any third-party. The information we procure is also subject to legal professional rules that Adero Law adheres to.