September 14, 2009

Reviewing credit assessment procedures

The responsible lending condition that will be imposed as a part of the Australian credit licence (see here) will principally affect the credit assessment process, which until now has been mainly unregulated.

We have prepared a flow chart to show some of the changes (download here or see link below).

Langes Credit Assessment MM

Print This Post Print This Post

Posted 14th September 2009 by David Jacobson in legislation

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.