FINANCIAL services

CONSUMER CREDIT

We offer real expertise in this specialised field and have experience of advising a wide range of clients on the impact of consumer credit legislation on the operation of their business, including private banks, investment banks, motor finance providers and retailers.

The legislation governing the provision of credit in the UK is complex and continually changing. For firms whose core business is not consumer credit and even for those firms whose it is, keeping up and complying with this legislation is a constant challenge.

Our expertise includes loan agreements, consumer credit advertising rules, licensing issues and dealing with the OFT and Trading Standards when accused of potential breaches of the legislation, and perimeter advice – assisting firms in staying outside of the consumer credit regime where appropriate and recovering assets under regulated agreements, including dealing with disputed debts, pursuing money claims and investigating frauds.