Consumer Credit Act 1974 - Need Copy

[reidnet]

Hi,

Anyone got a copy of the Consumer Credit Act 1974 that they can email to me or give me a link to where I can Download it from ..

 

Need to find out for sure, That when you take out a loan , do they have to provide you with the details of the Total Cost For Credit on the agreement ?

 

Actual Loan Cost - Interest payable on Loan - Total Cost Of loan.

 

Ive hunted about but am unable to find a copy of the 1974 Act.

 

Ian

[Bookworm]

Consumer Credit Act 1974

 

) You must be given certain written information about the credit agreement which must include;

 

i) The total charge for credit.

ii) The Annual Percentage Rate (APR).

iii) The cash price for the goods. Not all credit agreements have the above protection.

For example, credit agreements involving Limited Companies, Public Companies, Building Societies, Local Authorities, Insurance Companies, Friendly Societies, Charities, Housing and Land Companies or Institutions do not have the same protection.

 

 

Anyway, if you want the whole thing, here it is:

 

CCA 1974

 

 

[reidnet]

Thanks Bookworm...

 

Just what I was after...Many thanks

 

All I was given , was the loan amount + PPI Cost = Total loan

no where on the agreement is there a total cost for credit on the application forms, Does this make this loan in breach of the Consumer Credit Act 1974 ??

 

I Hope so..lol Im already after them for the Mis Sold PPI on this loan.

 

Ian