Regulated finance agreement

[JoBrindle21]

I'm really hoping someone might me able to help?

I am researching the CCA and I can't find any actual law that states that the prescribed term "total charges for credit" should be including as a total amount of money on an agreement and not just the APR and the amounts that make up the term listed individually. Please could anyone expand?

Would greatly appreciate anyone's help on this,

regards

jo

[GoodOldBoy]

Some agreements don't have a total charge because they are rolling agreements (I think).

Is this wahat you are looking for: https://www.handbook.fca.org.uk/hand...C/App/1/2.html

[JoBrindle21]

yes thanks so much I've read this well not all of it but though I wold suggest FCA would state APR and TTC should be listed on the terms of an agreement the CCA doesn't I dont think ? it only suggests listing the apr but goes on to say list the things that make up that condition which I would say TCC would. Im thinking a court may say if the charges are listed individually and the APR they have adhere to the prescribed term. Would the court not make reference to CCA rather than the FCA?

[pt2537]

I'm really hoping someone might me able to help?

I am researching the CCA and I can't find any actual law that states that the prescribed term "total charges for credit" should be including as a total amount of money on an agreement and not just the APR and the amounts that make up the term listed individually. Please could anyone expand?

Would greatly appreciate anyone's help on this,

regards

jo

The TCC isn't a prescribed term. Prescribed terms are found in Schedule 6 Consumer Credit Agreement Regulation 1983