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Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in the UK, including payday loans. Sets out the framework for licensing, regulation and consumer protection.

Financial Services and Markets Act 2000: Establishes the regulatory framework for financial services in the UK and provides the FCA with its enforcement powers.

Consumer Rights Act 2015: Consolidates consumer protection law, including unfair terms in consumer contracts and transparency requirements.

FCA Price Cap Rules: Limits initial cost to 0.8% per day, default fees to £15, and total cost cap to 100% of borrowed amount.

Affordability Assessment Requirements: FCA requirement to conduct thorough creditworthiness assessments before lending, including verification of income and expenses.

Pre-contractual Information Requirements: Mandatory information that must be provided to borrowers before agreement, including APR, total amount payable, and risk warnings.

Continuous Payment Authority (CPA) Rules: Restrictions on the use of CPAs, including limits on repeated payment attempts and requirements for customer notification.

Early Repayment Rights: Consumer right to repay the loan early with reduced interest and charges, as per Consumer Credit Act provisions.

Default Management Requirements: FCA rules on treating customers in financial difficulty, including forbearance measures and fair treatment policies.

Complaint Handling Procedures: Requirements for handling customer complaints, including Financial Ombudsman Service (FOS) referral rights.