What is the Credit Consumer Act 1974?
Did you know that under the Credit Consumer Act 1974, you're
entitled to seek a refund from your credit card supplier if you
cannot get one from the retailer?
Section 75 of the Credit Consumer Act 1974 states that any
product or service which cost between £100 and £30,000 and was
faulty, fell short of expectations or was never delivered can be
claimed for.
So if you bought something on the internet which never showed
up, or paid for a holiday from hell with a fly-by-night company
which vanished into thin air, the Credit Consumer Act 1974 allows
you to get your money refunded through other channels.
The credit card companies don't like it, but it's a legal right.
For more on how to claim refunds under the Credit Consumer Act
1974, check out our free Section 75 Claims guide.
Claims Financial