
If a business offers credit or lends money to consumers, or allows customers time to pay for goods and services, it must be licensed with the Consumer Credit Licensing Bureau of the Office of Fair Trading under the Consumer Credit Act 1974.
You are likely to need a consumer credit licence if you want to:
How to apply
You can research information and apply for a Consumer Credit Licence by visiting the following webpage:
www.oft.gov.uk/advice_and_resources/resource_base/credit-licence/
Further information
For further general information see the Office of Fair Trading website.