[Note: paragraph 5.3 of ILG]
[Note: paragraph 5.4 of ILG]
promote credit where the firm knows, or has reason to believe, that the agreement would be unsuitable for that customer in the light of the customer's financial circumstances or, if known, intended use of the credit.
[Note: paragraph 5.5 of ILG]
promotes, suggests or advises taking out a secured loan or to take out a secured loan to replace or convert an unsecured loan when it is clearly not in that person's best interests to do so at that time; or
promotes, suggests or advises taking out high-cost short-term credit which would be expensive as a means of longer term borrowing, as being suitable for sustained borrowing over a longer period.
[Note: paragraph 5.5 (box) of ILG]