What is the fine-grained topic of the following text: As COSL ( credit ombusdman ) so often point out “Although an application for credit may satisfy a credit provider’s own policies for affordability, it does not necessarily mean that it meets the responsible lending standard in the legislation.” So even if the application is rejected, as it should be, the broker is potentially in breach for recommending or submitting the application. Only return the topic.
Responsible lending standards and broker accountability in credit application submission