CCCFA obligations apply to mobile traders
Craig’s mobile trader failed to comply with their responsible lending obligations when assessing loan affordability and did not cancel the direct debit instruction when the item had been paid for.
Topic: Hire Purchase Agreement
Are they allowed to increase my interest rate?
Brandon was unhappy to receive a letter saying the interest rate on his loan account would increase. Was the lender entitled to make this change?
A Suite Early Resolution
Georgina entered into a hire purchase agreement for a lounge suite with Totally Suite Ltd. Their relationship quickly soured after months of miscommunication. Early resolution by FSCL helped prevent the complaint from taking up too much of the parties’ time and money.
