Consumer Credit

<p>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.</p><p></p><p>Fully updated for the second edition the author considers new developments including:</p><p></p><p>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. </p><p></p><p>This comprehensive and practical guide is essential reading for legal practitioners finance houses credit reference agencies and retail organisations. </p>