Post-Brexit changes for some consumer credit firms from 1st June 2021

Regulatory Updates | 19/04/21

The FCA is reminding firms about changes certain consumer credit firms will have to make to pre-contract consumer credit information forms.

These changes will need to be made from 1st June 2021. If they are not made, the credit agreement may only be enforceable against the debtor on an order of the court under the Consumer Credit Act 1974.

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