01Jul

Firms are reminded of the following application periods which expire shortly.

May 1 to July 31 2015:

• Debt counsellors in Central England
• Firms classed as credit brokers, but who do not carry out consumer credit broking
• Non-commercial debt adjusters

June 1 to August 31 2015:

• Consumer credit businesses in the ‘Other’ sub-category, i.e. who do not fall under any of the other categories on the FCA’s application period direction document, and who are located in London or the North of England
• Consumer hire firms
• Debt administrators
• Firms of all types wishing to act as principal to one or more appointed representatives

July 1 to September 30 2015:

• Debt purchasers
• Lenders who fall into the ‘Other unsecured lending’ sub-category, i.e. who do not fall under any of the other categories on the FCA’s application period direction document, and who are located in London or the North of England
• Consumer credit businesses in the ‘Other’ sub-category, i.e. who do not fall under any of the other categories on the FCA’s application period direction document, and who are located in Northern Ireland; or Southern, Eastern or Central England

Any firm which has not applied to upgrade their interim permission to full or limited permission by the end of their allocated period must cease conducting credit activities.