|
|
||
|
|
Advanced Search > | ||
|
You are here: Home > Business > Business and street trading licences > Credit licences Credit licences
If a business offers credit or lends money to consumers, or allows customers time to pay for goods and services, it must be licensed with the Consumer Credit Licensing Bureau of the Office of Fair Trading under the Consumer Credit Act 1974. Read More...The following types of business must be licensed with the Office of Fair Trading:
The Office of Fair Trading holds a public record of all licensed traders and of all those who have applied for a licence. They can provide details to the public about its licensed businesses, such as the type of activities they cover, their authorised trading names and main business address. In December 2003, the government proposed changes to the consumer credit market – these include strengthening credit licence rules, giving the Office of Fair Trading the power to fine moneylenders and make surprise raids on debt companies, and making small print bigger on adverts for financial products. For further information see the Office of Fair Trading website (link below). Useful Links
The following external link goes to the Office of Fair Trading's website where you can get further advice and information
|
|||||||||||
|
Privacy Policy | Copyright | Disclaimer |
||||||||||||
Videos