The Commission warned Rent to Own 2003 Limited that the amount of their security registration/credit check fee and mortgage repayment insurance risk breaching s41 of the CCCFA and that requiring some debtors to take out comprehensive mortgage repayment insurance when they did not qualify for redundancy cover risks breaching section 69.
PartiesRent to Own 2003 Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act ss 41, 69