The Court considered the pre-November 2018 type of CONC chapter 5. CONC 5.2.1(2) R (regarding the range associated with the creditworthiness evaluation) calls for the creditor to think about (a) the potential for commitments underneath the credit that is regulated “to adversely impact the customer’s financial situation” and (b) the customer’s “ability … to produce repayments while they fall due”. [Read more...]
