Credit Cards
Perhaps the most significant aspects of this piece of legislation is Section 75, which imposes equal liability on the creditor for breaches by the supplier. In other words, if the company you are buying from goes bust or disappears, or if the goods turn out to be faulty and you can’t get recompense from [...]
All Posts Tagged With: "Credit Agreements"
Consumer Credit Act 1974: Credit Cards and Credit Agreements
Cooling off and Cancellations
Contracts are, by definition, legally binding, therefore it’s difficult to cancel without financial penalty unless you can prove breach of contract. In contracts for services, you have three fundamental statutory rights - that the supplier will do the job with reasonable care and skill, at reasonable cost and within reasonable time. Any failure to do [...]
July 8th, 2008 | Catriona | 8 comments | Continued
