Meaning of credit assistance
8 Meaning of credit assistance
A person provides credit assistance to a consumer if, by dealing directly with the consumer or the consumer’s agent in the course of, as part of, or incidentally to, a business carried on in this jurisdiction by the person or another person, the person:
suggests that the consumer apply for a particular credit contract with a particular credit provider; or
suggests that the consumer apply for an increase to the credit limit of a particular credit contract with a particular credit provider; or
suggests that the consumer remain in a particular credit contract with a particular credit provider; or
assists the consumer to apply for a particular credit contract with a particular credit provider; or
assists the consumer to apply for an increase to the credit limit of a particular credit contract with a particular credit provider; or
suggests that the consumer apply for a particular consumer lease with a particular lessor; or
suggests that the consumer remain in a particular consumer lease with a particular lessor; or
assists the consumer to apply for a particular consumer lease with a particular lessor.
It does not matter whether the person does so on the person’s own behalf or on behalf of another person.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.