| The Consumer Credit Act of
1974 requires that most businesses lending money to consumers are licensed by
the Director General of Fair Trading and will protect you in all your dealings
with loans up to the amount of £25000. You can check whether a trader has
a license or has applied for one in the past by checking the Consumer
Credit Public Register.
If you feel that you have been treated unfairly or require help of any sort
then the best thing you can do is contact your local Citizens
Advice Bureau. Their website provides information about their services and
a facility which you can use to locate your nearest office.
Learn more about UK loans and how to get the right quote.
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