Consumer Credit Act

The Consumer Credit Act is the law which regulates certain secured and unsecured lending. Regulated loans require set procedures for both pre-loan administration and default arrangements. The Consumer Credit Act also sets out requirements for `cooling-off periods' - these provide the opportunity for borrowers to change their minds.

What to do if you need more help

If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.

We hope you found this information useful.

return to previous menu…

Sponsors Advertising

Copyright © Steve Gears Associates. All rights reserved. No portion of this site may be reproduced without written permission. All Trademarks are freely acknowledged.The information on this site is based on UK data unless otherwise indicated. Non-UK visitors should check with experts within their own legal jurisdiction before relying on information presented here.

Website Terms of Use |  Other Resources |  Site Map