What is an interim permission?

If you are continuing your Consumer Credit services you should either have full permissions or be operating under an interim licence until your required timeframe to apply for full permission arrives. If you do not have an interim licence you should not be carrying out Consumer Credit business and will have to apply for full permission before undertaking any further business. To perform business without a licence is to be operating illegally. An interim permission therefore is simply a way of continuing services until the time comes to apply for full permission.

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