Uniform Consumer Credit Code Law and Legal Definition

The Uniform Consumer Credit Code (UCCC) is a model statute providing standards for credit transactions entered into by individuals who purchase, use, maintain, and dispose of products and services. The UCCC was originally approved by the National Conference of Commissioners on Uniform State Laws in 1968. The UCCC simplifies and modernizes the consumer credit and usury laws. The main purpose of the UCCC was to protect consumers against unfair practices.