This is a consumer protection measure to protect the public from,among other things,extortionate credit agreements and high-pressure selling off trade premises.The Act became fully operational in 1985,and much of the protection afforded to hire purchase transactions is extendad to those obtaining goods and services through consumer credit transactions.It is important to note that contract law governs the formation of agreements coming within the scope of the consumer credit Act.Section 8(2)defines a consumer credit agreement as personal credit providing the debtor with credit not exceeding 25000,Section 9 defines credit as a cash loan and any from of financial accommodation.