Consumer Credit Changes

Any supplier of equipment, machinery or vehicles who introduces regulated business (sole traders and partnerships) must already hold a Consumer Credit Licence but these will now all expire on 31 March 2014. Suppliers should all be applying for interim permission to work under the FCA (Financial Conduct Authority) and must have received such permission in order to conduct regulated activities from 1 April 2014.

You might like...

Management team buys out PMD Business Finance

March 4, 2021
PMD Business Finance has been bought by three members of our management team.

Bank of England hold 5.25% rate in three-way split

February 1, 2024
On Thursday 1st February 2024, the Bank of England voted on holding interest rates at 5.25% in a three-way split