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  • FIRST POST
    • Former MSE Helen
    • By Former MSE Helen 19th Jul 12, 3:22 PM
    • 2,324Posts
    • 971Thanks
    Former MSE Helen
    MSE News: Dodgy debt firms face being shut down immediately
    • #1
    • 19th Jul 12, 3:22 PM
    MSE News: Dodgy debt firms face being shut down immediately 19th Jul 12 at 3:22 PM
    "Unscrupulous firms risk having their licence revoked with immediate effect..."

Page 1
    • VT82
    • By VT82 19th Jul 12, 4:18 PM
    • 1,038 Posts
    • 877 Thanks
    VT82
    • #2
    • 19th Jul 12, 4:18 PM
    • #2
    • 19th Jul 12, 4:18 PM
    "having their licence revoked with immediate effect"... in 2013
    • mo786uk
    • By mo786uk 19th Jul 12, 7:40 PM
    • 1,358 Posts
    • 573 Thanks
    mo786uk
    • #3
    • 19th Jul 12, 7:40 PM
    • #3
    • 19th Jul 12, 7:40 PM
    It needs to go through consultation etc

    You can be sure big credit companies will lobby hard and still make it extremley difficuly for the OFT to actually powers - for exmaple there will prob be a very high evidence threshold in terms of having alicence taken away.
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