1. You can make a claim under CCA74 if you purchased a product or service, anywhere in the world, costing less than £30,000 if:-
- You can demonstrate either breach of contract or misrepresentation (It is much easier for a group to demonstrate misrepresentation than for an individual)
- AND you paid by a UK issued credit card
- OR you signed a loan agreement with a UK based lender at the same time as signing the purchase agreement (“linked” loan)
2. If you paid by credit card you are entitled to claim for all the money paid for the purchase (up to the £30,000 limit) irrespective of how it was paid (credit card; debit card; cash; cheque: BACS etc.)
3. If you took out a linked loan your claim can be for:-
4. You can make a claim even if uyou have repaid the money.
- The return of all the money paid to the lender
- Cancelation of the loan agreement.