ASIC Enforcement – Responsible Lending

The Federal Court has found that Money3 failed to make reasonable inquiries about the living expenses of the consumers, including failing to verify their living expenses, in a judgement from September 2025.  Money3 is a provider of car finance that ASIC alleged breached responsible lending laws. Money3 offered “Micro Motor” loans which involved len...

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Alicia Pevely

An integral member of the Sophie Grace team since 2012, Alicia has extensive experience in relation to financial services law, consumer credit law, regulatory matters and ASIC investigations. Working closely with her clients, Alicia has maintained a significant emphasis on AFS and credit licensing and liaising with ASIC. As General Manager, Alicia has oversight of all licence applications and provides advice and support in relation to more complex applications.

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