Since 2010, brand brand new lending that is responsible arrived into force for several customer loans. Under these rules loan providers need to take certain actions to make certain that:
- customers get loans which can be suited to their purposes and
- customers are able to afford to repay their loans without significant difficulty.
From 2013 extra lending that is responsible affect SACCs in particular. These guidelines say that:
- payday loan providers cannot just just take safety (eg.