‘They can see I’ve a gambling problem’: Banks’ lending practices laid bare at royal commision | Australia news

The anguish on Michael Harris’s face said it all. The British-born roofer broke down this week when he appeared as a witness at the banking royal commission. In between deep breaths, Harris told commissioner Kenneth Hayne how he had amassed a $35,000 credit card debt with the Commonwealth Bank, and …

Commonwealth Bank offered credit card increases to problem gambler | Australia news

The Commonwealth Bank has admitted to offering repeated credit card limit increases to a customer who was begging them to stop because he had a gambling addiction and a $30,000 debt. Michael Harris, a qualified roof tiler, broke down in tears on Thursday at the financial services royal commission when …