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‘Outdated’ pricing structure is harming microlenders and consumers, says MFSA
The most recent revision to the maximum interest rates and fees that credit providers can charge was in November 2015.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreThe most recent revision to the maximum interest rates and fees that credit providers can charge was in November 2015.
And the requirement to accept oral complaints applies to financial institutions, not only ombuds.
The Supreme Court of Appeal’s recent decision underscores the critical importance of understanding ‘transactions at arm’s length’ under the National Credit Act.
Moonstone Business School of Excellence’s engaging and interactive National Credit Act courses are tailored for industry professionals.
Judge says the courts have a duty to assess whether contracts do not offend against constitutional principles, as well as the NCA and the CPA.