Class action: single mum among thousands Toyota Fiance 'took advantage of'

Flex commission arrangements were banned in late 2018, following intense scrutiny during the banking royal commission. Picture by Jonathan Carroll

A Hunter Valley single mother is one of thousands of people Toyota Finance "took advantage of" by encouraging dealerships to inflate the interest rates on loans they arranged for customers, a class action lawsuit alleges.

Echo Law will argue that between 2010 and 2018, there was an undisclosed "flex commission" arrangement between Toyota Finance Australia and its dealerships, which led to customers paying significantly higher interest charges than they would have otherwise agreed to.