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Submission on Responsible Lending Code document

  • Jun 10, 2024

  • Written by: Craig Stephen

  • 1 min read

  • 55 words

FinCap says the government should clearly guide lenders on what a reasonable affordability assessment looks like to steer outcomes towards financial wellbeing and resilience.

FinCap has submitted on the Ministry of Business, Innovation & Employment’s (MBIE) Guidance for lenders on assessing affordability: draft changes to the Responsible Lending Code Discussion Document.

Read the submission here.

 

 

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