The Mudcat Café TM
Thread #132204   Message #2989732
Posted By: Richard Bridge
19-Sep-10 - 11:53 AM
Thread Name: BS: New Sheriff in Town - Hope for Middle Class
Subject: RE: BS: New Sheriff in Town - Hope for Middle Class
In the UK the courts have power under the Consumer Credit Act to reduce amounts payable under "extortionate credit bargains", in some cases to excuse the borrower from making ANY payments and indeed to allow the borrower to reclaim payments that have been made. We would think anything else uncivilised.