Credit Contracts and Consumer Finance Act 2003, ss 6, 7
The Credit Contracts and Consumer Finance Act 2003 (the CCCF Act) protects consumers who have entered into a credit contract. Credit contracts include:
hire purchases (called “credit sales” in the Act)
secured loan contracts (this is where you provide some of your property, such as your car, as security to the lender for the loan), and
unsecured loan contracts, and
mobile trader credit sales (for example, a truck shop).