UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers.
The FCA’s latest warning is against Passion Finance loan firm, operating from website www.passionfinance.co.uk showing address 27 Cambridge Park, London, E11 2PU, 8 Hayes Grove, Birmingham, West Midlands, B24 0HR and 28-29 Haymarket London SW1Y 4SP.
The firm are asking for advanced fees for loans which consumers do not receive.
FCA believes that Passion Finance has been carrying out consumer credit activities in the UK without their permission or authorisation.