Borrowers mental state
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8 December 2010
Lenders need to ensure borrowers have mental capacity
Creditors should consider how they deal with borrowers whose mental capacity has been affected by illness or disability, a watchdog has said.
http://www.bbc.co.uk/news/business-11928501
So now the OFT want us to be bloody shrinks........
I can see the headlines now - "Customer refuses to pay for £75,000 Porsche because Credo failed to establish he was not all there up top!"...........madness, utter madness. How can a finance company feasibly easablish someones mental state of mine?? After all, I think we are all prone to bouts of madness!!
What do you think?
