Repeat Lending Breaches of CONC Chapter 5

Repeat Lending Breaches of CONC Chapter 5 The Court considered the pre-November 2018 form of CONC chapter 5. CONC 5.2.1(2) R (regarding the range for the creditworthiness evaluation) calls for the creditor to think about (a) the potential for commitments underneath the regulated credit contract “to adversely impact the customer’s financial predicament” and (b) the […]