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CCA and business loans

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  • #1

    CCA and business loans

    Sole trader business loan with a business declaration on - under 25k - regulated by cca or not ?
    #staysafestayhome

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  • #2
    Re: CCA and business loans

    It should do, because the CCA covers small partnerships.

    [quote]189(1) of the 1974 Act (definitions) for the definition of “individual” substitute—
    “‘individual’ includes—
    (a) a partnership consisting of two or three persons not all of whom are bodies corporate; and
    (b) an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership;”.
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