Rapid Loans Limited
Rapid Loans Limited has been warned for likely breaching section 9C of the Credit Contracts and Consumer Finance Act for not making reasonable enquiries before entering into consumer credit contracts with a vulnerable borrower.
Case Details
Parties
Rapid Loans Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 9C
Industry
Financial and insurance services
Status
Closed
Outcome
Warning letter
Case Number
Date opened
02 February 2017
Date closed
09 October 2018
Contact person