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OFT consults on new approach

OFT consults on new approach

A consultation has been launched by the OFT, with a view to moving towards a new approach to the setting of fees for consumer credit licences.

The consultation outlines several criteria that could be used to differentiate between classes of applicant. These include the type of business, type of credit activity, number of categories applied for, size of credit business and overall size of business.

If you are interested in taking part, you have until 11 March 2010.

Original article courtesy of CCR.

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