Mortgage News

Loan fee guidelines issued

Thursday 8th of September 2016

It has released updated draft credit fee guidelines, after the Supreme Court dismissed an appeal by Motor Trade Finance and Sportzone Motorcycles against rulings in a case brought by the commission over unreasonable fees in their credit contracts.

They were found to have breached the Credit Contracts and Consumer Finance Act.

“Now the final judgment in the MTF/Sportzone case has b...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.