Financial Rights agrees that it is timely to review this guidance. In our advice and casework we continue to see many examples of lending that causes substantial hardship and is arguably in breach of the responsible lending laws.
This submission lays out the particular hot spots we are aware of from our work (we believe the guidance should be comprehensive and targeted to ensure it addresses these known issues and hot spots) the nature of the problems we see, and it details our views on proposed changes.
