Consumers Get More Rights

 Consumer Credit Bill Gets Royal Assent 

 
DTI Press Release
30 March 2006
The Consumer Credit Act 2006 is the biggest overhaul of consumer
credit legislation since 1974.
Under the new Act consumers will be entitled to:
* take their complaints about lenders to the Financial Ombudsman
Service;
* challenge unfair credit agreements in court; and
* receive more information about the state of their account to
help identify potential problems before it is too late.