The consumer may feel the need to take out even more credit in order to meet the existing repayment obligations in such a situation.

The consumer may feel the need to take out even more credit in order to meet the existing repayment obligations in such a situation. So far as the consumer’s creditworthiness assessment is worried, the difference from a “lender-focused” and a “borrower-focused” test created by the United Kingdom’s FCA is specially useful in determining the range …

The consumer may feel the need to take out even more credit in order to meet the existing repayment obligations in such a situation. Read More »