UK Statutory Instrument
2007
United Kingdom
The Consumer Credit (Information Requirements and Duration of Licences and Charges) Regulations 2007
At a glance
What's here
10 compliance obligations
What 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 49 other Schedules — structural / supplementary
(1) The name, telephone number or numbers, postal address and,...
Information specific to the agreement— (a) a description of the...
In this Part, where a statement relates to a green...
The balance under the agreement at the end of the...
Each of the following forms of wording shall be contained...
Each of the following forms of wording shall be contained...
The following forms of wording shall be included, as appropriate,...
The following form of wording shall be contained in a...
If at the end of the period to which the...
The following information shall be contained in the statement— A...
The following forms of wording shall be contained in the...
The date of the notice.
The amount and date of any movement in the account...
The balance under the agreement at the end of the...
That part of the balance referred to in paragraph 11...
Add the following words to the end of the first...
The date of the notice.
A description of the agreement sufficient to identify it.
(1) The name, telephone number, postal address and, where appropriate,...
In relation to each of the last two payments which...
A statement in the following form— Missed and partly made...
(1) Where default sums or interest (other than any set...
(1) The name, telephone number or numbers, the postal address,...
Information specific to the agreement: (a) a description of the...
(1) Where default sums or interest (other than any set...
A statement in the following form: Notices For so long...
The amount of the shortfall under the agreement which gave...
That part of the opening balance referred to in paragraph...
The amount and date of any sums paid into the...
The amount and date of any interest or other charges...
The date of the notice.
A description of the agreement sufficient to identify it.
(1) The name, telephone number, postal address and, where appropriate,...
The amount and nature of each default sum payable under...
The date upon which each default sum referred to in...
The following statement: This Notice does not take account of...
The total amount of all the default sums included in...
Where the interest rate which applies to the default sum...
Where the interest rate which applies to the default sum...
The date of the notice.
A description of the agreement sufficient to identify it and...
(1) The name, telephone number, postal address and, where appropriate,...
The amount on which post-judgment interest is or will be...
A statement in the following form— If you are having...
A statement in the following form— ‘Advice and information You...
The total amount of post-judgment interest charged since the date...
The date or dates on which post-judgment interest has been...
The rate or rates at which post-judgment interest was charged....
The creditor shall indicate in the statement which of the...
- Indicate which information choices you've included in customer statements
Subject to regulations 8 and 9, where the creditor and...
- Use aggregated figures in account statements for combined credit agreements
Subject to regulation 9, where not all the sums permitted...
- Label aggregated figures clearly on credit account statements
Content of notices of sums in arrears under fixed-sum credit agreements etc.
- Include required content in arrears notices to customers
Subject to regulation 22(c), where not all the sums permitted...
- Indicate which figures in arrears notices are totals
Where all the sums payable under two or more agreements...
- Combine multiple credit agreements into one statement when aggregating debt
(1) Subject to paragraphs (2) and (3), where the total...
- Use simplified arrears notice for small shortfalls under £2
A regulation 27 notice shall be given to the debtor...
- Give default sum notice to debtor within 35 days
(1) Where a statement relates to a green deal plan...
- Correct errors in green deal credit statements caused by energy supplier failures
Where a statement to which this regulation applies does not...
- Provide missing credit statement information within 15 working days on request
Browse 44 other sections — procedural / definitional / commencement
Citation and commencement
Application
Interpretation
Content of statements provided in relation to fixed-sum credit agreements
Subject to regulations 5 to 9, 10A, 10B and 10C,...
Where the rate or rates of interest provided for under...
(1) Paragraphs (2) to (4) shall apply where the agreement...
Where the creditor and the debtor have entered into an...
(1) This regulation applies to a statement provided in relation...
(1) This regulation applies to a statement provided in relation...
(1) This regulation applies to a statement provided in relation...
(1) Where the statement is the first given under section...
Additional information in statements provided in relation to certain fixed-sum credit agreements
Additional information in statements provided in relation to running-account credit agreements
Subject to regulations 17 and 18, where the agreement to...
Where the agreement to which the statement relates does not...
For the purposes of regulations 14 and 16, “minimum sum”...
(1) Subject to paragraph (2), the form of wording in...
(1) Where the creditor and the debtor have entered into...
Where the agreement to aggregate concerns agreements to which regulation...
Content of notices of sums in arrears under running-account credit agreements
Where a regulation 24 notice is incorporated into another notice...
Giving of notices of default sums
Content of notices of default sums
A regulation 27 notice shall contain the information and the...
If a regulation 27 notice is given in relation to...
Where a regulation 27 notice is incorporated into another notice...
Amendments to the Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983
Content of notices of intention to recover post-judgment interest
The creditor may, instead of including in the notice the...
Form of notices and statements required under these Regulations
(1) Subject to paragraph (2), the first form of wording...
(1) The first form of wording set out in paragraph...
The lettering of the information and wording required by these...
(1) Subject to paragraph (2), the information and wording required...
Errors and omissions
Duration of licences and charges
(1) For the purposes of section 28A(3)(b) of the 1974...
Revocation of superseded provisions
Transitional provisions
A statement to which this regulation applies need not include...
(1) Where the conditions set out in paragraph (2) are...
Regulations 45 to 48 shall apply until 30 September 2018....
(1) Subject to paragraph (2), where a notice of sums...
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