Respond to FCA enforcement action or investigation
- 1 step
UK Act of Parliament
2006
United Kingdom
Consumer Credit Act 2006
At a glance
Enforced by
What's here
3 practical guides · 3 journeys
Step-by-step journeys using this legislation
Walkthroughs that take you from a real business situation to compliance.
Start offering consumer credit to customers
- 1 step
Handle Section 75 claims from customers
- 2 steps
Relevant guidance
Practical guides for businesses affected by this Act, ordered by how closely they engage with it.
Direct — cites this Act
1 guidesSupporting — topic alignment
2 guidesWhat this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 29 other Schedules — structural / supplementary
(1) Expressions used in the 1974 Act have the same...
Section 14 of this Act shall have effect in relation...
The repeal by this Act of— (a) the words “(subject...
A debtor or hirer under an agreement may make an...
Section 130A of the 1974 Act applies in relation to...
(1) The court may make an order under section 140B...
(1) The repeal by this Act of sections 137 to...
(1) It is immaterial for the purposes of section 140C(4)(a)...
Section 1 of this Act shall have no effect for...
(1) Section 6A of the 1974 Act shall not apply...
(1) The OFT shall prepare and publish the guidance required...
(1) Section 77A of the 1974 Act applies in relation...
The cases in which the OFT may impose requirements under...
The cases in which the OFT may impose requirements under...
(1) The OFT shall prepare and publish the guidance required...
(1) Section 44 of this Act has no effect in...
A person is not required by section 36A of the...
(1) The OFT shall prepare and publish the statement of...
(1) A person who— (a) immediately before the commencement of...
(1) Neither— (a) subsections (1) and (2) of section 56...
Neither subsection (1) nor (4)(a) of section 58 of this...
Section 1 of this Act shall have no effect for...
Regulations made under section 78(4A) of the 1974 Act may...
(1) Section 7(3) of this Act shall have effect in...
The OFT shall prepare, and give general notice of, the...
(1) Section 86B of the 1974 Act applies in relation...
(1) Section 86C of the 1974 Act applies in relation...
Section 86E of the 1974 Act applies in relation to...
(1) Section 86F of the 1974 Act applies in relation...
Browse 71 other sections — procedural / definitional / commencement
Definition of ‘individual’
Removal of financial limits etc.
Exemption relating to high net worth debtors and hirers
Exemption relating to businesses
Consequential amendments relating to ss. 1 to 4
Statements to be provided in relation to fixed-sum credit agreements
Further provision relating to statements
OFT to prepare information sheets on arrears and default
Notice of sums in arrears under fixed-sum credit agreements etc.
Notice of sums in arrears under running-account credit agreements
Failure to give notice of sums in arrears
Notice of default sums
Interest on default sums
Default notices
Enforceability of regulated agreements
Time orders
Interest payable on judgment debts etc.
Definition of “default sum”
Unfair relationships between creditors and debtors
Powers of court in relation to unfair relationships
Interpretation of ss. 140A and 140B of the 1974 Act
Further provision relating to unfair relationships
Definitions of ‘consumer credit business’ and ‘consumer hire business’
Debt administration etc.
Credit information services
Enforcement of agreements by unlicensed trader etc.
Charge on applicants for licences etc.
Applications for standard licences
Issue of standard licences
Guidance on fitness test
Variation of standard licences etc.
Winding-up of standard licensee's business
Consequential amendments relating to ss. 27 to 32
Definite and indefinite licences
Charges for indefinite licences
Extension of period to pay charge for indefinite licence
Failure to pay charge for indefinite licence
Power of OFT to impose requirements on licensees
Power of OFT to impose requirements on supervisory bodies
Supplementary provision relating to requirements
Procedure in relation to requirements
Guidance on requirements
Consequential amendments relating to requirements
Provision of information etc. by applicants
Duties to notify changes in information etc.
Power of OFT to require information generally
Power of OFT to require access to premises
Entry to premises under warrant
Failure to comply with information requirement
Officers of enforcement authorities other than OFT
Consequential amendments relating to information
Power of OFT to impose civil penalties
Further provision relating to civil penalties
Statement of policy in relation to civil penalties
The Consumer Credit Appeals Tribunal
Appeals to the Consumer Credit Appeals Tribunal
Appeals from the Consumer Credit Appeals Tribunal
Consequential amendments relating to appeals
Financial services ombudsman scheme to apply to consumer credit licensees
Funding of ombudsman scheme
Consequential amendments relating to ombudsman scheme
Monitoring of businesses by OFT
Disapplication of s.101 of the 1974 Act
Determinations etc. by OFT
Sums received by OFT
Financial provision
Interpretation
Consequential amendments
Transitional provision and savings
Repeals
Short title, commencement and extent
Official guidance
Authoritative sources published by regulators or government explaining this legislation.
- FOS guidance on Section 75 claims (opens in a new tab) Detailed Guidance
- FCA consumer credit complaints data (opens in a new tab) from FCA Detailed Guidance
- FOS guidance on Section 75 claims (opens in a new tab) Detailed Guidance
- FCA consumer credit guidance (opens in a new tab) from FCA Detailed Guidance
- StepChange Debt Charity (opens in a new tab) Detailed Guidance
- CONC 7: Arrears, default and recovery (opens in a new tab) from FCA Detailed Guidance
- FCA Consumer Credit sourcebook (CONC) (opens in a new tab) from FCA Detailed Guidance
- FCA guidance on vulnerability (opens in a new tab) from FCA Publication
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
Financial Conduct Authority
Regulation of financial services firms and markets. Supervises banks, insurers, investment firms, payment services, and cryptoasset businesses. Issues authorisations and enforces conduct …
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Browse legislation
Find other UK business legislation with related guidance.
Regulators
Learn more about the bodies that enforce this legislation.