The not-so-fine print: making consumer contracts fair
How many of us read the terms and conditions of a contract before buying a financial product?Contracts hold the detail that shapes everyone's financial life, whether you're taking out a loan, insuring your holiday, or signing up for a crypto wallet.All firms are responsible for making sure that terms in their consumer contracts comply with the fairness and transparency requirements of the Consumer Rights Act (CRA) 2015. When those terms don’t comply, our Consumer Contracts team has powers to challenge firms directly.This work shows how we use the full range of powers Parliament has given us…
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