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Small Amount Loans and Payday Lending webinar

In this Legal Aid Queensland webinar, Paul Holmes, Senior lawyer, Civil Justice Services discusses small amount loans and payday lending.  This includes:

  • Types of loans that are regulated
  • Responsible lending
  • Reasonable inquiries about financial situation
  • Requirements to assess a consumer’s needs and objectives
  • Special rules that apply to small amount credit contracts (SACCs)
  • Hardship variations on smaller loans