Credit provider

Antitrust agency to monitor credit provider for PPI violations

By Najiyya Budaly (November 1, 2021, 2:56 p.m. GMT) – Britain’s antitrust watchdog has said it will monitor NewDay Ltd. after finding that the credit provider violated payment protection insurance disclosure rules by failing to provide up to 27,000 clients with annual statements of their policies. The Autorité de la concurrence et des Marchés said […]

Credit provider

Antitrust agency to monitor credit provider for PPI violations

By Najiyya Budaly (November 1, 2021, 2:56 p.m. GMT) – Britain’s antitrust watchdog has said it will monitor NewDay Ltd. after finding that the credit provider violated payment protection insurance disclosure rules by failing to provide up to 27,000 clients with annual statements of their policies. The Autorité de la concurrence et des Marchés said […]

Credit provider

It is illegal for a credit provider to take a consumer’s ID or cards when granting credit

Under the National Credit Law, it is illegal for credit providers to keep consumer instruments such as identification documents (IDs) and bank cards when granting credit. It’s the operating mode adopted by some credit providers to enforce credit contracts with consumers, said Anne-Carien du Plooy, Acting Manager: Education and Communication at the National Credit Regulatory […]

Credit provider

Consumer credit provider NewDay chooses banks for £ 2.5 billion London float | Economic news

NewDay, the consumer credit provider, has hired a quartet of banks to advise a London Stock Exchange listing that is expected to value it at over £ 2.5 billion. Sky News has learned that NewDay and its owners have appointed Bank of America, Morgan Stanley and Citi as joint global coordinators of an IPO that […]

Credit provider

Slice, provider of credit for young workers, targets 1 billion gross transactions

Slice, a credit and payment startup aimed primarily at young professionals, has raised a cumulative debt of Rs 165 crore from 18 major financial institutions. This includes Northern Arc Capital Limited, Vivriti Capital Private Limited, AU Small Finance Bank, Incred Financial Services Limited, Pace Fincap Private Limited, Western Capital Advisors and Innoven Capital India. Of […]

Credit provider

Xbox All Access credit provider Klarna faces UK regulation • Eurogamer.net

UPDATE 10pm UK: Klarna shared her full response to the Woolard review, agreeing that “regulation has not kept pace with new products and changes in consumer behavior” and that she “fully supports[s] modernizing regulation and supervision “in the buy-now and late-payment industry. Klarna said Xbox All Access includes affordability control. ORIGINAL STORY 5 p.m. UK: […]

Credit provider

Does your business need to register as a credit provider under the national credit law? – Finance and banking

South Africa: Does your business need to register as a credit provider under the national credit law? 06 January 2021 Bentley Lawyers To print this article, simply register or connect to Mondaq.com. In this video, Brett Bentley explores the registration requirements for a business tobe required to register as a credit provider with regard to […]

Credit provider

Here are the questions you should ask your credit provider

Through Journalist Apr 6, 2020 Share this article: To shareTweeterTo shareTo shareTo shareE-mailTo share Before even considering a credit offer, whether it’s to pay off debt, buy your dream car, or buy your first home, there are a few questions you need to ask yourself and your potential credit provider. Finding answers to these questions, […]