Companies who offer credit to their customers must abide by the Consumer Credit Act. It has been proved that some companies do not stick to the rules and regulations outlined in this act, and so are providing unfair credit agreements to their customers.
Here’s what you need to know about the Consumer credit Act.
1. The Consumer Credit Act was introduced in 1974 to protect the rights of...
If you’ve head that there may be a way that you don’t have to pay off your loan, credit card and car finance, then you’ll probably want to know more about it, and whether this actually applies to you.
Here’s what you need to know.
1. Thousands of people have been affected by an Unfair Credit Agreements, and many are looking into finding out if they are entitled not to pay their...
Claim Back Mis-sold Payment Protection And Unenforceable Credit Agreements
On the 6th April 2007 The Consumer Credit Act was given a much needed overhaul to eradicate the rife mis-selling of financial products, including payment protection insurance, secured and unsecured loans and credit cards, that had been sold to consumers for many years with an almost blatant disregard to the benefit of the consumer and a...
Finance minister proposes code of conduct for credit-and debit-card companies – Yahoo! Canada News
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Thu Nov 19, 5:53 PM
By Stephen Thorne, The Canadian Press
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OTTAWA – Finance Minister Jim Flaherty is proposing a voluntary code of conduct for credit-and debit-card companies that he says will “level the playing field” for...