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Section 77: Duty to give information to debtor under fixed-sum credit agreement.

Consumer Credit Act 1974 · 1974 c. 39View on legislation.gov.uk

Part VI: Matters Arising During Currency of Credit or Hire Agreements

The creditor under a regulated agreement for fixed-sum credit, within the prescribed period after receiving a request in writing to that effect from the debtor and payment of a fee of £1, shall give the debtor a copy of the executed agreement (if any) and of any other document referred to in it, together with a statement signed by or on behalf of the creditor showing, according to the information to which it is practicable for him to refer,—

the total sum paid under the agreement by the debtor;
the total sum which has become payable under the agreement by the debtor but remains unpaid, and the various amounts comprised in that total sum, with the date when each became due; and
the total sum which is to become payable under the agreement by the debtor, and the various amounts comprised in that total sum, with the date, or mode of determining the date, when each becomes due.

If the creditor possesses insufficient information to enable him to ascertain the amounts and dates mentioned in subsection (1)(c), he shall be taken to comply with that paragraph if his statement under subsection (1) gives the basis on which, under the regulated agreement, they would fall to be ascertained.

Subsection (2B) applies if the regulated agreement is a green deal plan (within the meaning of section 1 of the Energy Act 2011).

The duty imposed on the creditor by subsection (1) may be discharged by another person acting on the creditor's behalf.

Subsection (1) does not apply to—

an agreement under which no sum is, or will or may become, payable by the debtor, or
a request made less than one month after a previous request under that subsection relating to the same agreement was complied with.

If the creditor under an agreement fails to comply with subsection (1)—

he is not entitled, while the default continues, to enforce the agreement; . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

This section does not apply to a non-commercial agreement or to a regulated deferred payment credit agreement.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.