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Consumer credit licences - application forms. Find out how to apply for a consumer credit licence at the oft website. You may not need a licence if you. It is a criminal offence to engage in activities controlled by the act before your licence has been granted.
This page allows you to download application forms for consumer credit licensing. Citizens advice agrees with the government that the consumer credit act financial limits should be abolished. Consumer credit business covers a wide range of different transactions, such as.
Applications refused between 1 january and 31 march are as follows. The creditor issued a county court claim for £2, 500. A significant issue concerns creditors refusing or blocking attempts to negotiate debt repayments. dti insolvency Cc15/05 application to vary a consumer credit licence for all licence holders 123 kb. Failure to comply with the provisions of the consumer credit act or other consumer protection legislation. Citizens advice therefore recommends that a consumer credit bill must be included in the next queens speech. Use our licence and permit checklist to find out which licences and permits could apply to your business.