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– CONSUMER CREDIT ACT 1974 – ENFORCEMENT ORDERS On an application to court by the creditor or owner for an enforcement order, the court must consider the degree of culpability for the defect and the prejudice (if any) which it has caused to any person. The court has the following powers: 1. to make an enforcement … Continue reading
– CONSUMER CREDIT ACT 1974 – REGULATED CONSUMER CREDIT AGREEMENTS The Consumer Credit Act 1974 seeks to ensure that debtors and hirers are aware of their rights and duties before entering into a regulated agreement and that they are able to furnish themselves with all appropriate information. The means by which these objectives are achieved is … Continue reading
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