Review of retained provisions of the Consumer Credit Act: Final report

On 25 March 2019, we submitted our final report on the review of the retained provisions of the Consumer Credit Act 1974 (CCA), to HM Treasury. We have also published the report.

Read the review of retained provisions of the Consumer Credit Act: Final report

Why we are publishing this final report

We are required by Parliament to review the CCA and to report to the Treasury by 1 April 2019.

This final report takes into account the views of stakeholders including from responses to the interim report which we published on 2 August 2018, and sets out our views on whether the repeal of CCA provisions would adversely affect the appropriate degree of protection for consumers.

Who this applies to

This update will be of interest to:

  • lenders and owners under consumer credit and hire agreements
  • credit brokers, credit references agencies
  • consumers who hold relevant agreements

It will also be of interest to trade bodies representing consumer credit firms, consumer representative organisations and the legal profession.

Next steps

Decisions about the future of CCA provisions will fall to the Government. This final report does not include formal recommendations to the Treasury, but provides analysis and evidence to enable decisions to be made.


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