« credit agreement, » an agreement between a relevant individual or beneficiary (« A ») and any other person (« B ») under which B A grants credit of any amount; (c) the agreement is entered into by the borrower, in whole or in large part, for the purpose of an activity carried out or pursued by the borrower. There are some agreements that cannot be terminated, z.B. if the loan amount exceeds $60,260 and the agreements are guaranteed onshore. While the credit contract may be terminated, the contract will not be allocated for the item or service itself, so if you have used credits to finance the purchase of a car, you should find another way to pay unless you have another right to terminate that contract. « total price, » the total amount payable by the debtor under a lease-sale agreement, including the amount to be paid in the event of an option to purchase, but without any amount to be paid as a penalty, compensation or compensation for a breach of contract; 60I. A person (« A ») who is not an authorized person does not engage in a section 60B type, paragraph 2, with respect to a regulated credit contract, where A. a) indicates how to determine the overall commission of loans to a person that the borrower is or is to become under a credit contract; (2) A credit contract relevant to the acquisition of real estate is a tax-exempt agreement where the lender – a borrower-lender-supplier contract that funds a transaction related to a related transaction – is the event of an event mentioned in the agreement; (b) an agreement may be covered at point (b) of the definition, even if the identity of the supplier is unknown at the time of the agreement. 60B.–1) The conclusion of a regulated credit contract as a lender is a type of activity. it is presumed that the borrower entered into the agreement in whole or in part for the purposes covered by point b), unless paragraph 6 applies.
Consumer credit in the United Kingdom is governed by the Consumer Credit Act 1974 (amended in 2006), the Financial Services and Markets Act 2000 and various regulations transposing EU consumer credit legislation.