FCA Compliance

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Everything posted by FCA Compliance

  1. Good luck... The only against you is that you don't need it to work to pay your bills but hopefully the successful mindset that you have obviously enjoyed to date will compensate for that...
  2. Not sure where you are based but if you google social media trainers/gurus, somebody should pop up. There were 2 in my area, one charged £150 for a 3 hour training session, the other £300... I know a few have used both and all have sung their praises. There are also a few online who charge a fee and send a manual to teach yourself
  3. I'd imagine they would be dormant or dissolved now! With regards to my credibility, you should try me!
  4. Depends on finance commission, here is the FCA calculator
  5. I am sorry that you construed my comment to be spam, I was simply stating what I know from experience. In most cases, there was no requirement to include your business plan within your application but you did confirm that you had one in place. The FCA can request this at any time. A number of dealers have already lost their FCA accreditation due to lack of compliance Every car dealer and any other business who provides consumer credit should read the FCA website for updates, on a regular basis. Latter half of 2017, 2018 will see enormous change with regards to those who provide consumer credit to their customers.
  6. £100 FCA fee, I have submitted many on behalf of dealers...
  7. Now that the initial swathe of dealers are FCA approved, those case officers are being re-deployed to check dealers have the compliant paperwork e.g. business plan, staff structure et cetera.
  8. I have submitted over 200 for car dealers, furniture retailers et cetera without fail. You must answer all the questions truthfully. I have done them for previous bankrupts and those with criminal records successfully.
  9. I have submitted over 200 FCA applications in the last couple of years. I had one that took about 6 months but the rest were approved within 6 weeks, all successful by the way. I am sure there will be some brokers who will still deal with non approved dealers but an easier way is to get the customer to do an online personal loan application. Many will email them paperwork to sign and some even use esign.