RLO repeal would reduce ‘policy creep’: CAFBA subscribe A A As politicians debate the bill to repeal responsible lending, CAFBA has said that repealing the obligations would help reduce any “grey area” when it comes to commercial lending. On Monday (15 March), the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 – which focuses on amending the credit laws so that they remove responsible lending obligations (RLOs) and extend the best interests duty to more credit assistance providers, among other changes – was debated in Parliament during its second and third reading. During the debates, which extended into the evening, several Labor MPs suggested that the changes the bill is proposing would negatively impact business lending.