Consumer Credit Act 1974: Primary legislation governing consumer lending in England and Wales, establishing the regulatory framework for consumer credit agreements
Financial Services and Markets Act 2000: Key legislation regulating financial services activities and establishing the FCA's regulatory powers in lending activities
Consumer Rights Act 2015: Legislation ensuring fair terms in consumer contracts and providing consumer protection measures
Unfair Contract Terms Act 1977: Legislation controlling unfair terms in contracts, particularly exclusion and limitation clauses
Consumer Credit (EU Directive) Regulations 2010: Regulations implementing EU consumer credit rules into UK law, setting standards for credit agreements
FCA Regulations: Regulatory requirements set by the Financial Conduct Authority for regulated lending activities
CONC Rules: Consumer Credit sourcebook rules providing detailed requirements for consumer credit activities
Money Laundering Regulations 2017: Regulations requiring lenders to implement anti-money laundering checks and procedures
Interest Rate Compliance: Requirements for fair and transparent interest rate calculations and APR disclosure
Default Terms: Legal requirements for specifying default consequences and remedies in lending agreements
Early Repayment Rights: Statutory rights allowing borrowers to repay loans early and regulations on early repayment charges
Information Disclosure: Mandatory requirements for disclosure of key information to borrowers before and during the agreement
Cooling-off Periods: Statutory cooling-off periods giving borrowers time to cancel the agreement without penalty
GDPR Requirements: Data protection obligations for handling borrower personal information under UK GDPR
Regulated vs Unregulated Lending: Different regulatory requirements based on whether the lending falls under regulated or unregulated categories
Business vs Consumer Lending: Distinct legal requirements for business-to-business lending versus consumer lending
High Net Worth Exemptions: Special provisions and exemptions applicable to high net worth individuals in lending agreements
Loan Amount Thresholds: Different regulatory requirements based on loan amount thresholds, particularly for loans exceeding £25,000
