Section 75 Of The Consumer Credit Act 1974 Application And Analysis Under section 75 of the consumer credit act 1974, the credit card company is jointly and severally liable for any breach of contract or misrepresentation by the retailer or trader. this means it is just as responsible as the retailer or trader for the goods or service supplied, allowing you to also put your claim to the credit card company. Section 75 of the consumer credit act provides additional protection for credit card purchases costing between £100 and £30,000. if you have a claim for breach of contract or misrepresentation against the supplier of the goods or services, section 75 gives you the same claim against the creditor.
Explaining Section 75 Of The Consumer Credit Act If you use a credit card, section 75 can offer valuable protection if you find yourself in a dispute with a retailer or service provider. section 75 makes your card provider and the retailer or service provider ‘jointly and severally’ liable for any breach of contract or misrepresentation – providing the item or service cost between £100 and £30,000. This all comes from section 75 of the consumer credit act 1974, which why it has the rather uninspiring name section 75.the act rather impenetrably says… 75. — (1) if the debtor under a debtor creditor supplier agreement falling within section 12(b) or (c) has, in relation to a transaction financed by the agreement, any claim against the supplier in respect of a misrepresentation or breach. Some banks and credit card companies offer a ‘chargeback’ service. this means that they’ll reverse your transaction and you’ll get your money back unless the seller can successfully dispute it. or, under section 75 of the consumer credit act, you can hold your credit card provider jointly liable for breach of contract and have them. Section 75 is part of your wider consumer rights under the consumer credit act 1974. your bank or lender should consider the contract that was agreed between the parties, including relevant consumer law. this is likely to include the consumer rights act 2015.
What Is Section 75 Of The Consumer Credit Act Some banks and credit card companies offer a ‘chargeback’ service. this means that they’ll reverse your transaction and you’ll get your money back unless the seller can successfully dispute it. or, under section 75 of the consumer credit act, you can hold your credit card provider jointly liable for breach of contract and have them. Section 75 is part of your wider consumer rights under the consumer credit act 1974. your bank or lender should consider the contract that was agreed between the parties, including relevant consumer law. this is likely to include the consumer rights act 2015. Section 75 of the consumer credit act 1974 is a legal protection that was put in place in the 1970s. it makes your credit card provider jointly liable with the retailer if something goes wrong with a purchase that cost more than £100 and less than £30,000. Section 75 is a consumer protection law that applies to credit card transactions. it makes credit card providers jointly liable with the retailers or suppliers for any breaches of contract or misrepresentation. section 75 can provide consumers with a remedy when their purchases do not meet the expected standards. 2.
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