contexts: Consumer Credit Act 1974 Parliament of the United Kingdom Long title An Act to establish for the protection of consumers a new system , administered by the Director General of Fair Trading , of licensing and other control of traders concerned with the provision of credit , or the supply of goods on hire or hire - purchase , and their transactions , in place of the present enactments regulating moneylenders , pawnbrokers and hire - purchase traders and their transactions ; and for related matters . Citation 1974 c 39 Introduced by Geoffrey Howe Territorial extent England & Wales ; Scotland ; Northern Ireland Dates Royal assent 31 July 1974 Commencement 31 July 1974 , 19 May 1985 Other legislation Amended by Enterprise Act 2002 Consumer Credit Act 2006 Status : Amended Text of statute as originally enacted Text of the Consumer Credit Act 1974 as in force today ( including any amendments ) within the United Kingdom , from legislation.gov.uk
name: Consumer Credit Act 1974
answers.input_text: short
answers.span_text: to establish for the protection of consumers a new system , administered by the Director General of Fair Trading , of licensing and other control of traders concerned with the provision of credit , or the supply of goods on hire or hire - purchase , and their transactions , in place of the present enactments regulating moneylenders , pawnbrokers and hire - purchase traders and their transactions ; and for related matters
questions.input_text: what is the aim of the consumer credit act