credittoday.co.uk: OFT threatens Roxburghe's licence

Debt collection agency Roxburghe is thought to be appealing against a warning from the Office of Fair Trading that it is minded to revoke the company’s consumer credit licence.

The regulator (OFT) issued related "minded to revoke" (MTR) notices to Roxburghe, HFO Services Ltd and HFO Capital Ltd, all of which are trading names of HFO Services, on 20 May.

The debt collection agency would be unable to trade if its licence was revoked

If you log on to www.roxburghe.com you will see that they state, in a very prominent position, that they were ‘Consumer debt collector of the year 2009’.

To balance things out why don’t they add the following? ‘We have been issued with a ‘Minded to refuse/revoke licence’.

That to me is just as important as the other statement!

I cover more on this in my blog, plus what to do if you have been affected by any of the above firms and wish to inform the OFT. Read more