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Overseas Credit Card Purchases covered by Consumer Credit Act

The House of Lords ruled on 31st October that UK credit card companies are jointly liable with suppliers under s 75 (1) of the Consumer Credit Act 1974 (Office of Fair Trading v Lloyds TSB Bank plc and Ors [2007] UKHL 48).

This means that card holders will be able to claim against the card company if the goods purchased on the card from abroad fail to be delivered or are defective. But this is limited to claims between £100.00 and £30,000.00.

Now there's something you don't see every day.......

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