Changes to Responsible Lending Code announced

Supplied Content Wellington, February 11, 2021 The Ministry of Business, Innovation and Employment (MBIE) has updated its guidance to help lenders comply with their responsible lending obligations. General Manager (Commerce, Consumers and Communications) James Hartley said that the Ministry has made changes to the ‘Responsible Lending Code’ to comply with the Consumer Credit Legislation introduced last year. “The Code also…

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