An exception to this definition is so-called “exempt agreements,” which are agreements in which the creditor is a land improvement company, a charity, a friendly company, a syndicate, an insurance company, or “an entity mentioned or explicitly mentioned in a general public law.” [18] The definition of “agreement” is given as any discussion that gives rise to a legal relationship; A contract. Therefore, the decision of the courts to determine whether an agreement constitutes an “agreement” under the law is in English contract law and is not discussed in the law. However, in many cases, this situation is largely academic, given that any agreement, regardless of its contractual validity, can be maintained, regardless of its validity, unless a party attempts to challenge the existence of a contract. [19] Courts may issue enforceable titles in cases where the contract has been breached, except in situations where the contract has not been signed or where the terms are not set out in the contract, in which case they are permanently unenforceable. Courts are also prohibited from issuing enforceable titles if the landlord or creditor has not given a copy of the agreement to the debtor or tenant before the contract begins. Otherwise, the court is required to make such orders. There are also situations where injunctions can be issued even in the absence of an infringement. In addition, the agreements it has concluded shall be considered inapplicable unless the Director General intervenes directly. [30] Exceptions to these definitions are provided for in section 146 if the credit intermediary, debt regulator, debtor advisor or collection company is the creditor or owner under the credit agreement, the supplier under the agreement, a credit intermediary who acquired the supplier`s business or someone expressly excluded from certain definitions, for example.B. a lawyer. The supplier provisions only come into force when the loan is a loan, so the supplier and the creditor are different persons. Exceptions do not include people who “buy” the roles mentioned above by buying debt, such as for example. B professional purchasers of debt or financial institutions.
[64] Section 75 of the Consumer Credit Act provides additional protection for credit card purchases between £100 and £30,000.