(d) a person who, at the time of the opening of the transaction, knows that the main agreement has been concluded or intends to conclude the main agreement. in England and Wales, the Homes and Communities Agency, world ministers or a private registered supplier (as defined in Part Two of the Housing and Regeneration Act 2008 (4)); (f) a copy of the declaration was provided to the creditor before the conclusion of the agreement. Security means the assets listed in your credit agreement as collateral – for example.B. house, car, TV, jewelry – that can claim again if you stop paying. Household items cannot be used as a warranty, for example. B beds, kitchen utensils, washing machine, refrigerators, passports. C – D Credit agreement: a loan agreement, mortgage document or other agreement to repay a debt over time. Credit charges are additional charges defined in your credit agreement, for example.B. setup fees, monthly management fees. Examples of frequent feesCreditor is the person or company to whom you owe money. For credit agreements, it`s usually your lender, for example. B bank or financial company. If a collection company buys your outstanding debts from a lender, it becomes your new creditor.

Disclosure means exchange of information, usually between the lender and you. By law, lenders must first have disclosed the most important information before signing anything. Once the loan is complete, the lender must make continuous disclosure, which involves regular updates of your payment progress and credit account. The minimum is every six months or more regular for credit cards and other revolving agreements. The disclosure statement is the document you sign when you start a credit agreement or other credit agreement. By law, it must contain important information, including silver money, what you and your lender should do, safe from credit, and your right to terminate. Your Rights: Information you need to receive Standard means being late in payments and not getting back on track or breaking any other rule of a credit agreement. . . .