B&D Holdings Limited
B&D Holdings Limited has been warned for likely breaching section 13(i) of the Fair Trading Act by representing that it was entitled to add interest, fees and commission to debtors’ loans after repossession and sale of consumer goods in accordance with a security agreement.
Case Details
Parties
B&D Holdings Limited
Category
Consumer credit
Sub-category
Act/Section
Fair Trading Act 1986 13(i)
Industry
Financial and insurance services
Status
Closed
Outcome
Warning letter
Case Number
Date opened
19 June 2015
Date closed
24 February 2017
Contact person
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