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 (from the scope regarding the creditworthiness evaluation) calls for the creditor to take into account (a) the potential for commitments beneath the regulated credit contract “to adversely impact the customer’s financial predicament” and (b) […]