Definitions for "UCCC"
Uniform Consumer Credit Code. The Uniform Consumer Credit Code is legislation to ensure uniformity amongst all credit providers across all Australian states. For example, all loan contracts must now adhere to a uniform format as specified by the act. It must set out all fees and charges that the borrower (and, if required, guarantor) are liable for under the loan contract.
The Uniform Consumer Credit Code Legislation – a Federal act of Parliament to ensure uniformity amongst all credit providers. E.g. all loan contracts must now adhere to a uniform format as specified by the act. It must set out all fees / charges that the borrower (and, if required, guarantor) are liable for under the loan contract.
The Uniform Consumer Credit Code. Governs the behaviour of Lenders for personal borrowings.