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Thirty Two Questions and Supporting Evidence Submission Letter to Royal Commission April-2018 Defined Terms & Documents 29th Question Will the Royal Commission ask the Reserve Bank to draw upon its existing Extensive Powers to establish a Standard for a 'Uniform Credit Evaluation Methodology' that all Credit Card Issuers must observe similar to NAB's Microenterprise Loans because too many Australian adults have obtained Credit Cards with excessive interest rates which would be lower if the payment defaults were lower due to a robust designated 'Uniform Credit Evaluation Methodology' that all Credit Card Issuers observed? ================================================= |
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