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Commercial Credit News
|Retailers can now offer finance without a consumer credit licence|
|Wednesday, 10 June 2015|
Retail finance specialist Pay4Later is tackling delays faced by retailers planning to offer credit with the first service allowing companies to provide interest-free finance to their customers, without a Consumer Credit Licence.
The Financial Conduct Authority, which regulates over 50,000 firms offering consumer credit, advises decisions on applications for licences needed so companies can provide credit can take up to six months.
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