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Key considerations for lenders when lending to individuals

3 June 2024 / Author(s): Sukh Ahark
Issue: June 2024 / Categories: In Practice
Company: RPC

Lending to individuals can be a challenging area for lenders, as they are required to comply with consumer regulations and must always consider the high-risk nature of certain individual borrowers. In this article, Sukh Ahark of RPC identifies key considerations for lenders when lending to individuals and outlines certain due diligence and legal drafting requirements that can protect lenders from any associated risks.

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