Black Horse Retail Finance - making an impact with new CCA Regulations

摘要

Retailers cannot afford to ignore the new CCA Regulations. Black Horse has launched a concentrated communications programme to ensure dealers understand and comply with the procedures. Retailers have already completed the first phase of regulation changes to the 1974 Consumer Credit Act. Primarily the first phase related to the way credit is advertised. Now retailers will have to re-evaluate the way in which credit agreements are completed. From May 31, new agreements and procedures will be in force at the point of sale.