Paragraph 2 Security

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.1, Pt.II, para.2 amended by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(a)
Sch.1, Pt.II, para.2A added by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(a)
Sch.1, Pt.I 1, para.9 amended by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(b)
Sch.1, Pt.II, para.9A added by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(b)
Sch.1, Pt.III, para.2 amended by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(c)
Sch.1, Pt.III, para.2A added by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(c)
Sch.1, Pt.III, para.16 amended by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(d)
Sch.1, Pt.III, para.16A added by Consumer Credit (Content of Quotations) and Consumer Credit (Advertisements) 1999 reg.7(d)
Sch.1, Pt.III paras.2.2A replaced by Consumer Credit (Advertisements and Content of Quotations) 2000 reg.2(c)

A statement that any security is or may be required, and where the security comprises or may comprise a mortgage or charge on the debtor’s home a statement in the following form:—

“YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.”.