Ancillary consumer credit activities: law firm decision tree to determine if you need a licence
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Law firms may fall within the consumer credit regime by entering a consumer credit agreement as the lender, eg in relation to their charges, or by carrying out ancillary consumer credit activity such as debt adjustment work. This practical decision tree assists you in establishing whether you are undertaking ancillary consumer credit activity and, if so, whether a licence is required.
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- See also Practice Note: Law firms and ancillary consumer credit business
- For guidance on the implications of the consumer credit regime for your firm’s fee arrangements, see Practice Note: Consumer credit and client fee arrangements.
- For an overview of how the consumer credit regime applies to law firms, please see Practice Note: Consumer credit and law firms...
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Web page updated on 22/05/2026
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