What does the Consumer Credit Act 2006 cover?

What does the Consumer Credit Act 2006 cover?

It covers credit agreements such as credit cards, personal cash loans, overdrafts and store cards, as well as hire purchase agreements such as buying a car through instalments. The Act only applies to ‘regulated agreements’, where the borrower is an individual (a consumer) and where a statutory exemption doesn’t apply.

Who does Consumer Credit Act apply?

Its protections apply to agreements between traders and individuals, sole traders, partnerships and unincorporated associations, but not agreements made between traders and corporate bodies such as limited companies.

What happens if the Consumer Credit Act is broken?

If a credit agreement is broken the court can decide to either; i) Make a time order giving the borrower extra time to pay. ii) Make an order that the borrower must return the goods to the creditor. iii) Make a transfer order allowing the borrower to keep part of the goods, but return the other part.

What happens if the consumer credit Act is broken?

What is a Section 77 request?

77 Duty to give information to debtor under fixed-sum credit agreement. (c)the total sum which is to become payable under the agreement by the debtor, and the various amounts comprised in that total sum, with the date, or mode of determining the date, when each becomes due.

What is Section 75 Credit Card Act?

What is Section 75? It’s part of the Consumer Credit Act 1974 that means your credit card provider is jointly and severally responsible for any breach of contract or misrepresentation by a retailer or trader.

How much does a 2006 GMC Yukon XL cost?

Compare to Similar Vehicles Used 2006 GMC Yukon XL 1500 Used 2010 Ford Escape Used 2010 Hyundai Tucson Used 2011 Chevrolet Equinox See Details See Details See Details Price $8,578 $8,362 $8,385 $8,395 KBB.com Rating N/A N/A N/A N/A Consumer Rating 4.7 4.4 4.2 4.1

Is the GMC Yukon XL a good car?

The 2006 GMC Yukon XL has not been tested. Like what you see? Find the best deal on a GMC Yukon XL today. There are for sale near you. Certified child passenger safety technicians conduct hands-on tests of a car’s Latch system and check the vehicle’s ability to accommodate different types of car seats.

How big is the cargo area in a GMC Yukon XL?

Cargo volume in the Yukon XL measures nearly 46 cubic feet behind the rear seat and 131.6 cubic feet when the middle and rear seats are removed. A rear-seat DVD entertainment system is optional.

What’s the weight of a Yukon XL 2500?

Yukon XL 1500 models can tow as much as 7,800 pounds, and the Yukon XL 2500 equipped with the 8.1-liter engine can haul up to 12,000 pounds when properly equipped. Dual-stage occupant-sensing front airbags, antilock brakes and StabiliTrak are standard.

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