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Sasfin Bank Limited Credit Cards Bringing you the latest Sasfin Bank Limited Credit Cards news and resources from around the world.
Using the selection of topics on the left, you are able to navigate the website to find news and resources for the topics that are of interest to you. If there are any topics not included here, which you would like to see featured. Please contact us and we will endeavour to accommodate your request. No news is good news. Nemo Loans Sasfin Bank Limited Credit Cards The investigation underscores a warning delivered by the FSA in May, when it told chief executives of mortgage lenders to improve the information they gave consumers about home loans. A further review of small firms in the sub-prime market, the FSA found that in 60 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases insufficient information was obtained about the customer. In 80 per cent of cases, the FSA said there were still "too many cases" where firms did not follow the required procedures. Since October companies have been required to supply customers with an initial disclosure document, which details the services it provides, and a key facts illustration giving personalised information about costs and risks of products. The documents are part of the regulator's drive to improve customer understanding of mortgages. In a recent exercise involving visits to 31 small brokers active in the sub-prime market, the FSA found that in 60 per cent of cases, the FSA said there was little evidence of how the brokers' recommended sub-prime product met the customer's needs and circumstances. "It is difficult to establish the level of consumer detriment or potential mis-selling as many of the failings related to poor record-keeping and brokers could provide more detail when challenged, but we will be looking for better evidence of compliance with our requirements," said Mr Watson. The FSA is also
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