Consumer Credit Compliance - Thistle Initiatives

Types of Credit & Mortgages compliance services

With a commercial lens and birdseye view over the whole consumer credit and mortgage compliance landscape, we apply our expertise to get ‘good consumer outcomes’.

Applications

Navigating the depth of technical knowledge and breadth of documentation for submission is tough, save time and money by getting it right, first time

Consumer Credit Compliance support

We’ll preempt possible pitfalls, by keeping up to date with changes to meet the FCA threshold conditions, and keeping your policies and procedures compliant

Audit and advisory

Reviewing your vulnerable customer and responsible lending procedures, or developing policies as your business grows - we’ll help protect your business and customers

Wondering how long it’ll take? What your options are? Where to start? Or whether you’re ready to become authorised?

Head to our FCA authorisation FAQs

Buy Now Pay Later

We can help you get application ready, threshold conditions and regulation ready, and provide advice on structuring your business model, ahead of the upcoming regulation.

We also have a suite of policies, procedures and templates, built upon the back of our extensive experience and direct FCA feedback from working with many firms across the credit space.

We will then work with you to ensure they are tailored to your business and are reflective of the proposed model, structure and proposed control and procedures in place.

Who we support

We provide consumer credit compliance support to different types of firms in the sector, including:

Credit Lenders
Buy Now Pay Later Lenders
High-Cost Short-Term Credit Lenders
Revolving Account Credit Lenders
Business to business Lenders
Credit Brokers

Limited Scope Credit Brokers
Credit Reference Agencies
Peer to Peer Lending
Providing Credit Information Services
Debt Counsellors and Adjusters
Debt Collectors

Debt Administrators
Consumer Hirers
Mortgage Brokers
Mortgage Lenders
Mortgage Advisors

And many more...

Acquisition Due Diligence

We have been helping UK and overseas firms acquire FCA regulated businesses since 2012. Over that time we have handled regulatory due diligence on more than 60 regulated entities, advising on transactions worth over £5 billion.

If you are looking at acquiring a regulated firm, our expert team can help. We offer a range of acquisition due diligence services to help you fully understand the regulatory risk any transaction poses.

Find out more ➜

What our clients have to say

“Thistle Initiatives helped Nova secure its UK Credit Reference Agency licence from the FCA. They were able to help us complete all the paperwork needed by the FCA to a very high standard that was specific to our business model. Shazana and Matt also gave welcoming and expert service throughout, and were a huge help with the FCA's queries during multiple rounds.”

Nova Credit UK

“Thistle’s guidance during our FCA application was very helpful. As a new company to the market, they helped us to successfully get our FCA approval and meanwhile advising us on where they could. The team at Thistle were engaged, knowledgeable, and supporting, exercising their experience in the best way to approach regulation, compliance, and the FCA in order to help us create more liveable cities with our full-service monthly bike membership. I would be very happy to recommend Thistle to other firms.”

Swapfiets

“Thistle provides us with invaluable, proactive and engaging compliance support. The service from the Thistle team is always accurate, detailed and tailored, taking into consideration our model, as well as the size and scale of our business and operations. We highly recommend the Thistle team.”