Default Notices
This is a Court of Appeal judgment involving a debt of £5,000 owed by Mr Brandon in respect of his credit card with Amex.
On 19 June 2007, Amex issued a Default Notice asserting a breach of the agreement...
Sector
Consumer Credit Act Applications
We can advise on a multitude of applications arising out of the CCA.
Typical issues include:-
• S77 and S78 applications for documentation.
• S75 applications where the customer alleges that the goods supplied were not of satisfactory quality or fit for purpose.
In the case of requests for information we can advise on:-
• Appropriate responses.
• The consequences of having incomplete documentation.
• The consequences of having no documentation and prepare appropriate responses.
With S75 claims we will:-
• Advise on when and where an expert report is necessary.
• Join in the supplier where appropriate.
Key team contact
Clare Stothard 01923 690033
clare.stothard@mablaw.com
Latest news and views about Consumer Credit Act Applications
RSSOFT publishes revised Debt Collection Guidance
Last month, following a consultation between 10 March and 2 June 2011, the Office of Fair Trading (OFT) published a revised version of its Debt Collection Guidance. It was last revised in December 2006.
The...
PPI claims – “unnecessary embellishments”
PPI claims – “unnecessary embellishments”
This case is an interesting example of the type of claims a borrower with PPI can attempt to raise and the court’s approach to these claims. Borrowers...
Charging orders
The OFT has announced that it has uncovered problems about the use of charging order by some lenders.
Problems uncovered by the OFT's investigation were specific to each business, as set out in the...
OFT takes action to address debt management industry
The OFT has identified a number of concerns in relation to the debt management industry. The consumers may be vulnerable and the issues which confront them can be complex. There are a number of government...
Case rules in favour of lender (again)
His Honour Judge Waksman has delivered another judgment in favour of lenders. The claims all related to the interest rates stipulated on a regulated agreement relating to credit cards. The central...
BIS publishes quick start guide and guidance on the regulations implementing the Consumer Credit Directive
BIS, the Department for Business Innovation & Skills has published a quick start guide and more detailed guidance on the regulations implementing the Consumer Credit Directive.
Please see the link...
Review of consumer credit and personal insolvency
Consumer Affairs Minister, Edward Davey has announced a review of consumer credit and personal insolvency. The review will cover:
How consumers enter into credit commitments, including the way in...
Supreme Court rules in favour of lender
The Supreme Court has given judgment in favour of Southern Pacific Personal Loans Limited (“SPPL”).
The appeal raised the question of what is the meaning of “credit”, the “amount of credit”...
Lenders must comply with the new Consumer Credit Directive
The Consumer Credit Directive 2008/48/EC (“the Directive”) and the Consumer Credit (EU Directive) Regulations 2010 introduce new rights and obligations. The Department for Business, Innovation...
