First Step Finance Ltd
First Step Finance Ltd resign from DRF following publication by the Office of Fair Trading issued to First Step Finance of a “determination to revoke notice”.
First Step Finance Ltd resign from DRF following publication by the Office of Fair Trading issued to First Step Finance of a “determination to revoke notice”.
The Office of Trading announces their revised guidance for fee-charging debt management companies surrounding internet marketing
Continue reading the "ATTITUDE TO INTERNET MARKETING BY DEBT COMPANIES" »
DRF have welcomed the new guidance by OFT which formalises current good practice and provides clearer and more specific guidance for debt management companies.
Continue reading the "FEE-CHARGING DEBT MANAGEMENT TRADE BODY, DRF, WELCOMES NEW OFT GUIDANCE" »
A first draft in response to the Office of Fair Trading’s consultation on revised debt management guidance. DRF outlined the implications for the future.
Continue reading the "DRF Response to OFT Debt Management Guidance" »
After DRF input earlier in the year, OFT released a formal response which means members may under certain conditions retain funds for more than 5 days
Continue reading the "Debtors Who Make Weekly Payments – How Should Distributions Be Made?" »
New guidance from the Office of Fair Trading will be examined by the trade body, which will formalise best practice already undertaken by DRF members.
Continue reading the "DRF Welcomes New Debt Management Guidance From OFT" »
This year you’ll have the opportunity to hear from (and to question) senior representatives of regulators, decision makers from the creditor community and members of the free advice sector, who scrutinise our every move
Continue reading the "DRF Conference 2011 is the must attend event of the decade" »
DRF responded to OFT regarding the ban on up-front fees & cold calling, DRF argued the industry did not practice either and therefore points were accepted.
DRF have responded in view of the OFT’s recent announcement regarding fee-charging debt management companies and welcomed the revoke of eight firms licenses
Continue reading the "DRF defends the role of fee charging in the debt resolution industry" »
After failing talks with DEMSA, DRF have entered an exclusive agreement with the Insolvency Practitioners Association to manage member inspections.