James Ross, Ruth Bala, Thomas Samuels and Lee Finch are all specialist consumer credit counsel at Gough Square Chambers. On a regular basis, they share their views with Practical Law Financial Services subscribers on topical developments or key issues relating to consumer credit.

In the May column, Thomas Samuels considers the annual percentage rate (APR) requirements under the Consumer Credit Act 1974 (CCA) and the Consumer Credit sourcebook (CONC).