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Home | New guidance for credit brokers

New guidance for credit brokers

  • November 25, 2011
  • The Office of Fair Trading (OFT) has published fresh guidance for credit brokers and intermediaries, following a number of complaints. The new rules are designed to tackle unfair practices including: 1. Charging up-front fees and then not delivering the promised service. 2. Unauthorised debiting of customer accounts. 3. Inappropriately asking customers to use premium rate [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/11/25/new-guidance-for-credit-brokers/
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