Schedule 1 Information to be included in regulated consumer credit agreement
Paragraph |
Type of agreement (1) |
Information (2) |
---|---|---|
1. |
Nature of the agreement All types. |
(1) Subject to paragraph (2) below, a heading in one of the following forms of words - a) "Hire Purchase Agreement regulated by the Consumer Credit Act 1974" b) "Conditional Sale Agreement regulated by the Consumer Credit Act 1974 c) "Fixed Sum Loan Agreement regulated by the Consumer Credit Act 1974" d) "Credit Card Agreement regulated by the Consumer Credit Act 1974" e) "Agreement modifying a Credit Agreement regulated by the Consumer Credit Act 1974." (2) If none of the headings in (1)(a) to (e) above are applicable - a) a heading in the following form of words - "Credit Agreement regulated by the Consumer Credit Act 1974" and b) a description of the type of credit. |