Hi all

Is there any legal implication around giving an employee who is currently under debt review a staff loan. We were approached by an employee for a staff loan - which we gave in accordance with our policy. We subsequently found out that the employee is under debt review/counselling and are concerned we may unknowingly have broken the law. The employee seems to pay off the staff loans and then ask again etc. We want to ensure our facts and figures are correct going forward.

Thanks for all the useful information on the site!

Cindy