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Notice of unilateral change to credit contract made by the credit provider

Notice of unilateral change to credit contract made by the credit provider

Margow, E, 2017

Available Formats

Format ISBN Price
Precedent 0000689556 $35.26

Description

This precedent is a National Credit Code (NCC) compliant notice to a debtor setting out details of a unilateral change to the credit contract. It is important for a drafter to customise the notice, taking into account the unique details required for any specific change of contract and also to be aware of the provisions of sections 63 to 70 of the NCC when drafting this notice.


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Document length: 2 pages


Related products (all with guidance notes)

o Periodic statement of account
o Statement of payout figure
o Statement of conditions of postponement
o Continuing credit contract - offer by debtor to credit provider


This precedent is also available via subscription to the Precedents – Banking and Finance Law Suite – Consumer Credit Bundle

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