Section 75

bensmart433

Hi

I have looked at several pages but I am unsure where I stand.

I have opened a Credit Agreement with Creation Finance on behalf of Curry's which has been signed and is opened in line with the Consumer Credit Act.

This was opened to make a purchase but I have since bought something else on Buy Now Pay Later.

My only concern is that if something goes wrong with my second purchase, do I have Section 75 protection? It says I don't on the main site with Klarna and other unregulated sources, but as my agreement is a legally bound one on my credit file and Curry's were the broker to go through Creation Finance, if something goes wrong do I have a right to lodge this under S75 with this company or not? This may sway my decision as to whether I keep or return the item.

Apologies if this is in the wrong place

Thanks

born_again

Going to depend on the buy now pay later agreement. 
Is this purchase via creation & from currys?

TBH, S75 is not insurance or a get out of jail free card, is not used that often.

Maybe this will give you a answer
https://www.creation.co.uk/faqs/

Grumpy_chap

bensmart433 said:

Hi

I have looked at several pages but I am unsure where I stand.

I have opened a Credit Agreement with Creation Finance on behalf of Curry's which has been signed and is opened in line with the Consumer Credit Act.

This was opened to make a purchase but I have since bought something else on Buy Now Pay Later.

My only concern is that if something goes wrong with my second purchase, do I have Section 75 protection? It says I don't on the main site with Klarna and other unregulated sources, but as my agreement is a legally bound one on my credit file and Curry's were the broker to go through Creation Finance, if something goes wrong do I have a right to lodge this under S75 with this company or not? This may sway my decision as to whether I keep or return the item.

Apologies if this is in the wrong place

Thanks

Is the second purchase (finance) with Creation Finance or with Klarna?

Why does the means of finance impact your decision to keep or return the item?
Are you able to return the item in any case?

DullGreyGuy

bensmart433 said:

This was opened to make a purchase but I have since bought something else on Buy Now Pay Later.

My only concern is that if something goes wrong with my second purchase, do I have Section 75 protection? It says I don't on the main site with Klarna and other unregulated sources, but as my agreement is a legally bound one on my credit file and Curry's were the broker to go through Creation Finance, if something goes wrong do I have a right to lodge this under S75 with this company or not? This may sway my decision as to whether I keep or return the item.

Apologies if this is in the wrong place

You'd need to look at the paperwork of the BNPL agreement and see if its regulated by the CCA or not, its nothing to do with who the lender is but the structure of the finance as not all consumer lending falls within the scope of the CCA.