Originally posted by eek
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Employers usually are given discretion to offer infrequent loans that by implication are “affordable”. The employer has unique information about the income stream. The employer has a limited hold on the employee’s future prospects at the company. The employer has a duty of care to an employees welfare. Employers can’t be reckless.
An employer can be at risk of falling foul of consumer credit protections for large salary advances, frequent advances, advances that could never be repaid on the income provided by the employer etc.
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