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Consumer Credit: Licensing

Business, Enterprise and Regulatory Reform written question – answered at on 4 June 2009.

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Photo of John Penrose John Penrose Shadow Minister (Business, Innovation and Skills)

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform what recent discussions he has had with the Office of Fair Trading on renewal of consumer credit licences.

Photo of Gareth Thomas Gareth Thomas Minister of State (Department for Business, Enterprise and Regulatory Reform) (Trade, Investment and Consumer Affairs) (also Department for International Development), Party Chair, Co-operative Party, The Minister of State, Department for International Development

The Office of Fair Trading (OFT) is responsible for the licensing of businesses who offer credit services. The Department for Business, Enterprise and Regulatory Reform maintains a continuous dialogue with the OFT regarding all aspects of its regulatory business.

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