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'Responsible Lending' Under the National Credit Code Encompasses Obligations on the Part

Question 36

Multiple Choice

'Responsible lending' under the National Credit Code encompasses obligations on the part of the licensed credit provider not to provide credit that is:


A) high interest and short term.
B) unlikely to generate a good return for the lender.
C) unsuitable for the consumer.
D) in fact low-doc or payday lending.

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