Brief Summary of Submissions on the Review of the Operation of the Credit Contracts and Consumer Finance Act 2003
January 2010. This paper is a brief summary to highlight comments in the submissions. It is intended to provide a flavour of the submissions and does not represent the full analysis of the submissions.
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- Introduction
- Information Disclosure: Timing
- Information disclosure: Compliance and enforcement
- Information disclosure: Prepayment fees
- Information disclosure: Minimum credit card payments
- Disclosure and pawnbroking
- Credit fees and charges: Unreasonable fees
- Credit fees and charges: Frontloading of fees
- Credit fees and charges: Third party fees
- Hardship provisions
- Hardship provisions: Application fees and disclosure
- Unsolicited credit
- Credit repossession
- Credit repossession: Enforcement
- Fringe lending practices
Last updated 11 June 2010
