Inspired by the Consumer Credit Act 2006, this detailed work offers practical guidance on the legislation. The scope and impact of the regulation is undergoing fundamental change; for example, financial limits on regulation are being partially removed, the OFT are given the power to fine licensees, an Ombudsman scheme is being introduced and agreements can be reopened where the relationship arising is held to be unfair. This book addresses topics of practical concern and examines the areas most relevant to practitioners drafting, securitising or seeking to defend claims under credit or hire agreements. In particular, the book focuses on the outstanding problems and issues arising from the application of the Consumer Credit Act. In-depth commentary is provided by an expert author team who have appeared in many recent cases where enforceability of rights under credit and hire agreements has been in issue.
The authors are all members of the bar, practising in consumer credit law from Gough Square Chambers. Six are recommended practitioners in the 2006 edition of the Legal 500 Directory, five of whom are similarly recommended in the Chambers and Partners UK Directory 2006. The Chambers and Partners UK Directory describes Gough Square as "the consumer law set ". The Legal 500 Directory describes Gough Square Chambers as "the pre-eminent set for all aspects of consumer law litigation and advice ". Fred Philpott LLB (London) Call 1974 Peter Sayer MA (Cantab) Call 1975 William Hibbert BA (Oxon) Call 1979 Stephen Neville MA (Cantab) Call 1986 Julia Smith LLB (Liverpool) Call 1988 Bradley Say LLB (Newcastle) Call 1993 Simon Popplewell BA (Oxon) Call 2000
1. Scope of the Consumer Credit Act ; 2. Licensing ; 3. Quantifying Credit and the Charges for Credit ; 4. Advertising ; 5. Drafting Credit and Hire Agreements ; 6. Cancellation and Withdrawal ; 7. Linked Transactions ; 8. Statements and Notices ; 9. Early Settlement ; 10. Liability for Representations and Breaches of the Supplier ; 11. Default and Termination ; 12. Enforcement ; 13. Offences ; 14. Unfair Relationships ; 15. Commission Payments