United Kingdom: Consumer Credit

The Court of Appeal has upheld a High Court decision allowing over 5,000 motor finance claims to proceed together using omnibus claim forms, despite the fact-specific nature of unfair relationship claims under the Consumer Credit Act. While emphasizing this was a decision on its own facts, the court's analysis of convenience factors and case management approaches offers important guidance for multi-party litigation.

HM Treasury has unveiled comprehensive reforms to the Consumer Credit Act 1974, marking the most significant overhaul of consumer credit regulation in decades.

HM Treasury has published its Policy Statement on reform of the Consumer Credit Act 1974 (CCA), setting out the planned policy direction following the Phase 1 consultation which closed in July 2025. The statement confirms the intention to repeal many provisions of the CCA, recasting these within the Financial Conduct Authority's (FCA) Handbook (though not necessarily as a direct copy-out). 

Bridging loans are short-term loans, typically secured against property, designed to provide fast finance. They are usually for 6 to 18 months, carry higher interest rates than standard mortgages...

We've written a lot about online choice architecture (OCA), that is, how websites and platforms are designed to "nudge" customers into making certain transactional decisions.

In a landmark decision, the UK Supreme Court resolved three conjoined appeals concerning the legality of commission payments made by lenders to motor dealers in hire purchase car finance arrangements.

Under the Digital Markets, Competition and Consumers Act 2024, there is an increased emphasis on ensuring that pricing is accurate and does not mislead.

Following consultation, the UK government has laid before parliament the Financial Services and Markets Act 2000 (Regulated Activities etc.) (Amendment) Order 2025...

It's here at last—well, the next set of steps towards a brave new dawn for consumer credit, at least.