Section 77 and 78 of the Consumer Credit Act 1974: More Welcome Guidance from the Court

The raft of consumer credit decisions shows no sign of slowing down with another extremely welcome decision for lenders on various issues arising out of Section 78 (and, by analogy, Section 77) of the Consumer Credit Act 1974 (the "CCA 1974") in Carey & Others v HSBC Bank plc & Others [2009] EWHC 3417 (QB) ("Carey").