No. of instalments
No interest or charges
Once you have been granted authorisation from the FCA with the right permissions, you will have to pay them fees and compile reports with the information that they require about how your business is trading.
Thankfully you are able to avoid the problems associated with authorisation from the FCA by doing business in line with the points discussed earlier.
The FCA have embedded some really important principles into how Regulated companies treat their customers. These include treating customers fairly and listening to their individual circumstances. We wholeheartedly agree with these and they are at the core of how we do business. If a customer is struggling in any way we always try to work with them to find the best repayment solution.