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Commonwealth Bank fined for lifting man’s credit limit after he warned of gambling problem – NEWS.com.au

Commonwealth Bank fined for lifting man’s credit limit after he warned of gambling problem

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Commonwealth Bank has been fined $150,000 after increasing a customers credit card limit even though hed warned them he was a problem gambler.The Federal Court heard the bank had already lifted David Harris’ limit before offering to do it again during a phone conversation in October 2016, when he said he did not want it until he was able to get his gambling under control.
“At one point I had three credit cards and they let me max them out and then put it all into one … and then offered me more…

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