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Consumer Credit ActDefinition noun
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Consumer Credit ActThe CCA 1974 covers the content and form of credit agreements, how lenders calculate annual percentage rates (APR), their procedures relating to events of default, termination or early settlement, and [..]
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Consumer Credit ActThe Consumer Credit Act 1974 (The Act) is the principle which regulates consumer credit and consumer hire agreements. These agreements include personal loans, hire-purchase agreements, credit cards and cards and store cards.
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Consumer Credit ActThe Consumer Credit Act 1974 requires most businesses that offer goods or services on credit or lend money to consumers to be licensed by the Office of Fair Trading (OFT). The Act requires credit and [..]
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