Unfair credit relationships: one year on from the watershed | Practical Law

Unfair credit relationships: one year on from the watershed | Practical Law

There have been significant developments for lenders and other financial institutions since the Supreme Court clarified the effect of sections 140A to 140C of the Consumer Credit Act 1974 in Plevin v Paragon Personal Finance Limited. 12 months on, it is interesting to consider whether the sands have shifted in the post-Plevin world when a borrower alleges that its credit agreement was unfair.

Unfair credit relationships: one year on from the watershed

Practical Law UK Articles 8-622-2265 (Approx. 4 pages)

Unfair credit relationships: one year on from the watershed

by Colin Hutton and Phil Woodfield, CMS Cameron McKenna LLP
Published on 28 Jan 2016
There have been significant developments for lenders and other financial institutions since the Supreme Court clarified the effect of sections 140A to 140C of the Consumer Credit Act 1974 in Plevin v Paragon Personal Finance Limited. 12 months on, it is interesting to consider whether the sands have shifted in the post-Plevin world when a borrower alleges that its credit agreement was unfair.