02 February, 2015
Secured loans packager Blimey Loans has been granted full authorisation for consumer credit business from the Financial Conduct Authority.
Blimey managed to complete the process in just seven months and without external assistance.
Alistair Ewing, director of Blimey Loans, said: “The whole process took seven months and we completed it ourselves without any external help.
“We believe we are one of the first packagers to complete the process and we are delighted to be through the process relatively early.”
In addition Blimey has also been approved as a Principal, which means they now have authority to recruit Appointed Representatives.
Ewing added: “This FCA endorsement further demonstrates our commitment to this market and reinforces our position as a packager worth introducing business to.”