Service unit: environmental & consumer protection. Annual statements for fixed sum credit of over one year duration. Please note that you cannot apply for a consumer credit licence via the local authority. Money lenders information on credit brokers.

A cab in yorkshire reported that they were helping a couple on a low income renegotiate payments to their creditors. This licence is required by the consumer credit act 1974 and is issued by the office of fair trading. independant mortgage advice Request more information from consumer credit businesses over fitness and practice issues. Consumer credit act appeals - current and forthcoming hearings. The creditor issued a county court claim for £2, 500. Hold a qualification authorising such activities under any other group licence issued by the director, or. Now there are about 1, 300 credit cards on the market.

You're likely to require a consumer credit licence if your business. The oft should be seeking to ensure that through its regulation of this market consumers are protected. A firm of financial advisers which was found to be a serious risk to consumers has had its consumer credit licence revoked. The new credit bill will include the following measures.

It is clear from the cases that have been reported that creditors can exploit a loophole in law and regulation. It is likely that vulnerable consumers will be arbitrarily excluded from the protection of the test. For furt