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  • #1

    New lending code provides new rights and protections for borrowers

    New lending code provides new rights and protections for borrowers

    This is a duplicate of the Blog Entry made on 1st February 2012 18:53.

    The FLA Lending Code, which has been protecting borrowers for twenty years, has been relaunched today with a range of new protections for borrowers...

    Click to Read More...
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    Tags: 1st, 2012, assessment, borrowers, chancers, credit, debt, lending, loan, pdl, restriction, rights, size
  • #2
    Re: New lending code provides new rights and protections for borrowers

    DCAs discuss “vague” lending code The voluntary lending code is “too open” to interpretation to be followed closely....Read more from AAD Blog pages: DCAs discuss “vague” lending code - allaboutFORUMS
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    • #3
      Re: New lending code provides new rights and protections for borrowers

      The only good thing here is regards PDL's carrying over x3

      • A restriction on the number of times a short-term loan can be extended to a maximum of three, coupled with a requirement that a new credit assessment be carried out each time.
      But overall, they're all a load of chancers.....
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