Consumer Credit Act 1974: Primary legislation regulating consumer credit agreements, including mandatory information disclosures and rules for default and enforcement. Applies if the loan is to a consumer.
Financial Services and Markets Act 2000: Regulates financial services activities and sets requirements for lenders carrying out regulated activities.
Consumer Rights Act 2015: Covers unfair contract terms provisions, transparency requirements, and general consumer protection measures.
Mortgage Credit Directive Order 2015: Specific requirements for mortgage credit and loans secured against property.
Consumer Credit (Disclosure of Information) Regulations 2010: Details pre-contract information requirements and specifies the form and content of credit agreements.
FCA Regulations: Includes MCOB (Mortgages and Home Finance: Conduct of Business sourcebook) and CONC (Consumer Credit sourcebook) regulatory requirements.
Unfair Contract Terms Act 1977: Governs the reasonableness of contract terms and places limitations on exclusion clauses.
Money Laundering Regulations 2017: Sets out due diligence requirements and identity verification obligations for financial transactions.
Data Protection Act 2018 and UK GDPR: Regulates personal data handling, including privacy notices and consent requirements.
Limitation Act 1980: Establishes time limits for enforcing loans and statute of limitations considerations.
