Submissions by topics "Should credit agreements in respect of deferred payments where the consumer is in or likely to be in default be exempt from the specific provisions of CCD2 relating to creditworthiness assessments?"
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Yes, in cases of short-term default, or potential default, the credit provider should temporarily dispense with the need to assess creditworthiness and work with the consumer to reach a mutually...
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Yes. Simplifying the process could potentially attribute to swift and efficient resolution of arrears between a lender and the consumer.
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No creditors should not be exempt from the specific provisions of carrying out a creditworthiness assessment in this case. It is important the consumers in these circumstances are protected by the...
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