Section 75 - advice needed for house build

Grumpy_chap

born_again said:

To which S75 was written in mind of the linked finance most people used back then to purchase goods, not for credit cards.

Plus the rights of the consumer have evolved a lot in that timeframe

Alderbank

born_again said:

the_lunatic_is_in_my_head said:

Grumpy_chap said:

No-one would ever write a set of rules that imbalanced against the provider.

Perhaps showing my (lack of) age, I assume credit cards existed in 74, and in 83 when they increased the item values? 

You are right Barclaycard was around. But if you cast your mind back, they were not in the same numbers as now. In fact they would have been pretty hard to get hold of.

Hard to get hold of?

It sounds incredible nowadays but Lloyds, NatWest and others simply posted their Barclaycard rival Access cards out, completely unsolicited, to their customers!

I can just about cast my mind back, I was 22 and just out of uni. I was sent one out of the blue, same for all my friends. I had no idea what it was for and it was some time before I used it.

I believe the mass mailing was to encourage merchants that it was worth signing up for this new-fangled thing. Shops which did accept them had large signs in the window and a crazy embossing machine on the counter.