Blackbird Capital

 

Adero Law is investigating potential claims against Blackbird Finance Pty Ltd t/a Blackbird Capital for unfair lending practices and conduct that may be unconscionable under Australian consumer and credit laws.

Our preliminary investigation suggests that some loans made by Blackbird may have been represented as business or working-capital facilities but were in reality used for non-business purposes, or secured in ways that placed personal guarantors at risk — including by mortgaging their homes.

We believe that certain practices by Blackbird may have exposed vulnerable borrowers and guarantors to disproportionate financial risk, including the possibility of losing their homes in the event of default.

Some of the lending practices we are particularly concerned about include:

• Very High-interest rates or fees that may not have been fairly disclosed;
• Inadequate capacity assessments, meaning some borrowers may not have been able to afford the loans;
• Unfair guarantor protections, especially when guarantors weren’t fully informed about the risks;
• Predatory structuring, where loans are unregulated “commercial” loans but are actually provided to individuals with limited business and financial capacity.

How to Get Involved

If you have taken out a loan from Blackbird Capital, or if you acted as a guarantor for such a loan, you may have a claim.

Please contact us to 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.

REGISTER