The Responsible Lending Code elaborates and offers guidance to lenders on the lender responsibility principles introduced by the Credit Contracts and Consumer Finance Amendment Act 2014.
The Minister of Commerce and Consumer Affairs released the Responsible Lending Code on 17 March 2015. The Code came into force on 6 June 2015.
Amendments were made to the fees section of the Code in June 2017. The amendments came into force on 6 July 2017.
Previous versions of the Code
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