Monthly Archives: March 2012

What should I put on a Notice of Correction?

What is a Notice of Correction and what should I write in it? A Notice of Correction is a piece of text, written by the data-subject (that is you!), that you can ask to have added to your Credit File. You might want to do this in circumstances where, for instance, the credit information that … Continue reading

Avoid shady loan firms – the OFT makes it’s ‘hit list’ public

Considering taking a loan?  The Office of Fair Trading makes puts it’s ‘rogue firm hitlist’ online. In order to make or broker loans in the UK, a company requires a Consumer Credit License.  These are issued relatively quickly after a few checks are made, however revoking the licenses of rogue firms can take considerably longer. … Continue reading

Yes Loans loses consumer credit license – but remains online during appeal

Bridgend-based company slammed for years of ‘deceitful’ practises. The Office of Fair Trading has petitioned for the removal of Yes Loans’ Consumer Credit license, following a lengthy investigation into the company’s practises. Yes Loans, which also trades as Blue Sky Personal Finance and Money Worries, could no longer be trusted to play fair with customers, said … Continue reading