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Obtaining an FCA consumer credit license is a key step for businesses that want to offer loans, credit cards, BNPL, or other consumer credit products in the UK. This guide explains who needs FCA authorization, the application process, eligibility requirements, expected costs, and practical tips to help lenders navigate the licensing process successfully.

Missing a loan repayment deadline can be stressful, but how you respond matters more than the setback itself. The best first step is to contact your lender early, explain your situation, and explore available options such as extensions, restructuring, or revised payment plans. Ignoring the issue can lead to added fees, damaged credit history, or aggressive recovery actions. By acting quickly and communicating honestly, borrowers can often reduce the impact and work toward a manageable solution.

FairMoney is one of the well-known digital financial platforms offering loans, bill payments, and other financial services, but many users still have questions about how it works. From loan eligibility and repayment terms to interest rates, account issues, and app features, borrowers often need clear answers before making decisions. This FAQ guide covers the most common questions about FairMoney to help users better understand the platform and use its services confidently.