home collected credit

  • Thread starter Thread starter pap1000
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pap1000

hi please can some one help
i have been a manager for a number of years with a very well known home collected company and i have vast experiance in the way it works
however i am thinking of starting up a home colledted credit buisness myself but i have no idea how to do this and more importantly whats involed
i do know i need a comsumer credit licence but where do i go from here
i have been told that i can just start up once i have the licence acting as a sole trader and that is all i need
please will some one advise me if this is the case and if not what more do i need
i will be lending money (my own)and then calling at houses weekly to collect the rates until loan and interest is paid up
all help is very welcome
many thanks paul
 
and will you be charging 10000% in interest like the rest of the door collection sharks? if so shame on you paul .
 
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