Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in the UK, establishing the fundamental framework for credit regulation
Financial Services and Markets Act 2000: Key legislation establishing the regulatory framework for financial services in the UK, including consumer credit activities
Consumer Rights Act 2015: Legislation covering consumer rights and unfair terms in contracts, including credit agreements
Consumer Protection from Unfair Trading Regulations 2008: Regulations protecting consumers from unfair commercial practices, including in credit agreements
Financial Services Act 2012: Legislation that reformed the financial regulatory structure and created the Financial Conduct Authority (FCA)
FCA Consumer Credit Sourcebook (CONC): Detailed regulatory requirements and guidance for consumer credit firms, including specific rules for credit agreements
FCA Handbook: Comprehensive set of rules and guidance for regulated firms, including specific provisions for consumer credit
Consumer Credit (Disclosure of Information) Regulations 2010: Specific requirements for what information must be disclosed to consumers in credit agreements
Consumer Credit (Agreements) Regulations 2010: Detailed requirements for the form and content of consumer credit agreements
Consumer Credit (Early Settlement) Regulations 2004: Rules governing early repayment rights and calculation of settlement figures
Pre-contractual Information Requirements: Mandatory information that must be provided to customers before entering into a credit agreement
APR Calculation Requirements: Rules for calculating and displaying the Annual Percentage Rate of charge in credit agreements
Right of Withdrawal: Consumer's right to withdraw from the credit agreement within 14 days without giving any reason
Data Protection Requirements: Compliance with UK GDPR and Data Protection Act 2018 for handling customer personal data
Unfair Contract Terms Provisions: Requirements ensuring terms in credit agreements are fair and transparent to consumers
Creditworthiness Assessment: Mandatory requirements for assessing customer creditworthiness before entering into credit agreement
Complaints Handling Procedures: Required procedures for handling customer complaints and providing information about the Financial Ombudsman Service
