n Without Prejudice - Getting clever in devastating times : consumer law
|Article Title||Getting clever in devastating times : consumer law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jun 2010|
|Pages||32 - 34|
The recession has had a devastating effect on business; with less money circulating in our economy many borrowers have struggled to repay their loans. The in duplum rule aims to protect borrowers by preventing lenders from claiming an amount in arrear interest that exceeds the amount of the original loan.
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