Consumer credit

If you hire out or lease goods to consumers for periods of more than three months you're likely to need consumer credit licensing. See does my business need a consumer credit licence?

You must also provide your customer with a written hire agreement informing them of their rights and duties under the Consumer Credit Act 1974.

Consumers generally have the right to cancel a hire agreement and return the goods after 18 months.

You must also comply with other rules under the Consumer Credit Act 1974, including the regulations on credit advertising.