The field of consumer credit law has undergone major and fundamental change in the recent past, due in part to the regulation since 1 April 2014 of consumer credit by the Financial Conduct Authority, and this book provides a clear and complete guide to this difficult area of law.

Fully updated for the second edition, the author considers new developments including:

the new authorisation process under the Financial Services and Markets Act 2000, including the interim permission regime, and its consequences; the new regime for financial promotions as applied to credit and hire advertising; the new rules controlling high cost short term lending and peer to peer lending; the new provisions of the recently released Consumer Credit Sourcebook (CONC); the new requirements governing mortgage lending as contained in MCOB; the requirements for distance selling and off-premises contracts as applied to consumer credit and consumer hire including the impact of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013; the jurisdiction of the financial ombudsman service on consumer credit. Also considered is the recent case law on the powerful unfair relationships jurisdiction.

This comprehensive and practical guide is essential reading for legal practitioners, finance houses, credit reference agencies and retail organisations.

chapter 1|34 pages

Key concepts in consumer credit law

chapter 2|9 pages

The regulatory framework

chapter 3|20 pages

Regulated activities and exempt agreements

chapter 4|22 pages

Authorisation and the failure to obtain it

chapter 6|17 pages

Advertisement and financial promotion

chapter 7|15 pages

Pre-contract requirements

chapter 9|29 pages

Withdrawal and cancellation

chapter 10|32 pages

Rights of the borrower and hirer

chapter 11|35 pages

Rights and duties of the lender and owner

chapter 12|20 pages

The provision and regulation of security

chapter 13|33 pages

Regulated mortgage contracts

The Mortgages and Home Finance: Conduct of Business Sourcebook

chapter 15|16 pages

Operation of ancillary credit activities

chapter 16|22 pages

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