Consumer Credit

We work with financial institutions, credit card issuers, merchant acquirers and banks on all aspects of consumer credit and retail finance.  We advise on:

• Terms and conditions
• Bespoke co-branding
• Standard form affinity card arrangements
• Transfer of major consumer credit and consumer hire portfolios
• Advertising issues
• Merchant acquisition agreements
• Card processing and outsourcing contracts

In relation to the UK Consumer Credit Act, we have considerable experience in multiple agreements, connected lender liability, ancillary credit business and the application of the Act to e-commerce and the Internet.

If you are developing a retail product, we can offer you the benefit of our considerable banking experience. This includes current and deposit account terms and conditions, data protection and deposit advertisement issues, and related money laundering requirements. We also regularly advise on the Banking Code and the Code for Advertising Interest Bearing Deposits.