Urban Rampage banned from using Centrepay to sign up mostly Indigenous customers to credit arrangements

Asic finds arrangements posed ‘significant risk’ of financial hardship but clothing store says it will appeal ‘racist and paternalistic decision’

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The Australian Security and Investments Commission has permanently banned the clothing store Urban Rampage from using the government’s Centrepay system to sign up mostly vulnerable Indigenous customers to “inherently inappropriate” credit arrangements that place them at risk of financial harm.

Coral Coast Distributors – which operates 10 Urban Rampage stores in regional and remote locations across Western Australia, the Northern Territory and Queensland, selling household items – can no longer sign-up customers into Centrepay credit arrangements.

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