FreedomFinance, Wilmslow

tazfaz76

MarkChad wrote: »

Tony Machin, chief executive officer at Freedom Finance, and the new deputy chairman at the Association of Finance Brokers, says the Financial Services Authority desperately needs to regulate the secured loan market.
In an interview with Loandistributor.co.uk, Machin says that FSA regulation would help the secured loan market’s reputation with first-charge mortgage brokers.
He says: “The industry desperately needs to be regulated by the FSA. I think the secured loan industry needs to be like the first-charge market. FSA regulation will bring additional bureaucracy and additional hassle I accept, but I think it will help to put secured loans on an equal footing in terms of reputation, as first-charges brokers.
“Brokers will be able to give holistic advice, and the economics of the market will change because there will be greater transparency.
“The sooner we get that additional credibility factor by getting ourselves regulated by the FSA, the sooner it will help the industry.”

That was in July last year. Freedom Finance is no longer regulated by the FSA - says it all really.

Freedom Finance are regulated by the FSA, you only need to look on the FSA register!!! Be careful what you write and check out your facts!!!

JohnDoe68

Has anyone had any success against these people? Or reported them to the Police? Any advice on such action? It's essentially theft with no course to redress it seems so am seriously thinking about going that route and going after the Directors at GE Money in Harrow?
Thanks.
Hoping there are success stories out there.....I want my money back!