[fusion_builder_container background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”solid” padding_top=”” padding_bottom=”” padding_left=”” padding_right=”” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]The Office of Fair Trading (OFT) regime for obtaining a Consumer Credit Licence ended in April 2014 when the FCA Consumer Credit regime replaced it. Firms undertaking consumer credit activities now require authorisation from the Financial Conduct Authority (FCA). You can read more about the current regime here.

If you’d prefer to speak somebody you’re in the right place. We’re experts in consumer credit; our team consists of ex-regulators, legal practitioners and industry professionals which is why we’ve been chosen by thousands of firms to assist them with their compliance.

Speak to one of our experts today for confidential and no obligation advice about the FCA Consumer Credit regime.

The remainder of this page provides information about the historical consumer credit licences and their arrangements under the Office of Fair Trading; it is retained for information purposes only. Firms which held a consumer credit licence should have applied for interim permission from the FCA prior to 1 April 2014 to enable them to continue to trade. If a firm omitted to do this they had to cease trading and apply for a new authorisation.

A Consumer credit licence issued by the Office of Fair Trading was previously required for undertaking consumer credit activities. Licences were issued with different categories depending upon the activity being undertaken.

The OFT, and the consumer credit licensing regime, was determined not fit for purpose by the government and in April 2014 it was moved to the FCA under a more tightly controlled regime. Many of the rules which applied to firms holding a consumer credit licence were also transferred to the FCA by way of the Consumer Credit Sourcebook.[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_title size=”3″ content_align=”center” style_type=”default” sep_color=”” margin_top=”” margin_bottom=”” class=”” id=””]Download your FREE compliance fact sheet[/fusion_title][fusion_separator style_type=”none” top_margin=”” bottom_margin=”” sep_color=”” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”” class=”” id=””/][fusion_text]

Document Title
Download Link
FCA Consumer Credit Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=2″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Insurance Broker Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=4″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Mortgage Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=5″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA IFA Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=6″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Asset Management Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=9″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Lending & Broking Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=10″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Debt Management Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=11″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA Debt Collection Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=12″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]
FCA P2P & Crowdfunding Authorisation[fusion_button link=”download-your-free-compliance-fact-sheet/?PDF=13″ color=”default” target=”_self” border_width=”1px” icon=”fa-download” icon_divider=”yes” icon_position=”left” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”center” class=”” id=””]Download PDF[/fusion_button]

[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

OFT Consumer Credit Licence