UDC Finance Limited
UDC Finance Limited has been warned for self-reported breaches of sections 83V and section 83Z(2) of the CCCFA, relating to 72 post-repossession notices which were issued to debtors in the Credit (Repossession) Act format, two post-possession notices which were issued outside the statutory time limit, and a failure to issue “Notice of Sale” notices on seven occasions.
Case Details
Parties
UDC Finance Limited
Category
Consumer
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 83V, 83Z(2)
Industry
Financial and insurance services
Status
Closed
Outcome
Warning letter
Case Number
Date opened
10 April 2018
Date closed
10 April 2018
Contact person
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