Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
Law of Financial Services.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
IF260 Law of Financial Services Coursework Due date: 3 December 2003 By: Daniel Mckeown Student Number: M206765 Course: BA Banking & Finance No of words: 2676 The Consumer Credit Act 1974 (CCA) was passed on the 31 July 1974 and took effect on the 20th May 1985. The CCA was based on a report by a committee that was headed by the late Lord Crowther in 1971. The main body of work for the CCA was conducted by Sir Frances Bennnion. His work was titled "Consumer Credit Control" and in the main was the CCA. The CCA replaced the Hire-Purchase Act 1964, Money Lenders Act 1900 and the Pawnbrokers Acts 1872, 1922 and 1960 it also filled in the gaps left by those acts.1 In the UK during the 1960's/70's there was a huge increase in the market for consumer credit. Previous to the CCA there was very little in the way of regulation in the consumer credit industry that...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 150,044 others
