credit brokers - fees

(for all nations)

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Even if you do not offer credit yourself, you may want to introduce your customers to someone who will. If you choose to do this, you may be deemed to be a credit broker. If you are a credit broker, there is important information you need to know about the fees you may charge your customers regulated by the Consumer Credit Act 1974 as updated by the Consumer Credit Act 2006, including details of specific charges you can make and when they are applicable. To act as a credit broker, you must have a consumer credit license for your business.