Fuente : UK Government
http://www.open.gov.uk/

UK: CARDIFF TRADER REFUSED CREDIT LICENCE BY OFT

/noticias.info/ A trader in home improvements goods from Cardiff has had his application for a consumer credit licence refused.

Paul Thomas had his licence application refused on the grounds that he had a number of serious convictions, including burglary and theft, unlawful wounding, assault, and obtaining property by deception. He was also disqualified from being a company director for eight years in 2000. In making his application false and misleading information was supplied to OFT since none of the convictions were declared.

An adjudicator therefore decided that the applicant was unsuitable to provide credit to consumers and rejected the application.

In considering fitness, the OFT takes into account a number of factors carried on by the business or anyone involved in running the business including:

* any offence or conviction of violence or dishonesty

* failure to comply with the provisions of the Consumer Credit Act or other consumer protection legislation

* consumer complaints

* evidence of unfair business practice

* evidence of discrimination on grounds of sex, colour, race or ethnic/national origin.

NOTES

1. The Consumer Credit Act 1974 requires most businesses that offer goods or services on credit or lend money or are involved in activities relating to credit or hire to be licensed by the OFT.

2. The OFT can refuse or revoke a licence if it decides that a trader is not fit to hold one.

3. It should be noted that proceedings under the Act are not the same as those of a court and the adjudicator's findings are not the same as convictions by a court. Therefore where the adjudicator finds that an offence has been committed or a provision of the statute has been contravened, it does not mean that the person concerned has been convicted under court proceedings of that offence or of that contravention.

4. An adverse determination (a refusal to grant a licence or the revocation of an existing licence) can be appealed to the Secretary of State for Trade and Industry.

5. The Consumer Credit Public Register is maintained by the OFT. The register documents traders that hold a licence and any action taken against them. It also details traders that have applied for a licence. Enquiries can be made to the Consumer Credit Licensing Bureau on 020 7211 8608.

6. The determination to refuse licence application number 553697 was published on 18 March 2005. The application was made by Paul Thomas, of Cardiff.

http://www.oft.gov.uk

PUBLIC enquiries: 0845 7224499 enquiries@oft.gov.uk
OFT reports and consumer information leaflets are available free from:
OFT, PO Box 366, Hayes UB3 1XB 0800 389 3158 oft@eclogistics.co.uk

Client ref 75/05

GNN ref 114386P notas_de_prensa_archivo