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jan808

Consumer credit license

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Hi all

Please can someone help on this. Do i need to have a CCL if i refer the buyer to a credit broker? 

Many thanks

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Hi Matt 

Thanks for the reply. 

17 minutes ago, Matt Reid said:

Not with Zuto

How so? How are they different from the other providers that provide finance such as close brothers and santander?

Any info is appreciated.

Edited by jan808

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Not sure why they arent bothered, but I do a few with them each year. payout is always quick but it can take a while to get a decision from them

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You need to be an IAR, Introducer Appointed Representative. This means that legally you can pass the details of the customer on to the broker you are an IAR for. 

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1 hour ago, EPV said:

You need to be an IAR, Introducer Appointed Representative. This means that legally you can pass the details of the customer on to the broker you are an IAR for. 

Is the the same as having a ccl but named something different.

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13 minutes ago, jan808 said:

Is the the same as having a ccl but named something different.

No idea mate, all I know is that I am an IAR for a broker I partner with. I don't have any licences per se.

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