An overview of the Consumer Credit Act 1974
Toby Riley-Smith and Henry Warwick, of Henderson Chambers, provide an overview of the regime under the Consumer Credit Act 1974 (CCA) and its subordinate regulations. Among other things, they consider:
- The scope and application of the CCA.
- The core requirements relating to regulated agreements.
- Judicial orders.
This note is in the process of being updated to reflect the transfer of responsibility for the regulation of consumer credit from the OFT to the FCA on 1 April 2014. For an overview of the UK consumer credit regime, see Practice note, UK consumer credit regime.