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Two credit brokers cloned


The Financial Conduct Authority (FCA) has warned that two credit brokers have been cloned.

UK Fast Loan, of 504 Roman Road, Bow, London, and 1 Victoria Square, Hill Street, Birmingham, claims to have helped large numbers of people obtain unsecured loans of between £1,000 and £50,000.

However, the watchdog believes the firm has been using the details of FCA-authorised Cheshire-based Unsecured Loans for You Ltd, which has no association with the clone firm.

The clone firm has been operating via

Similarly, UK Money Lenders, of 12 Gough Square, London, has been purporting to work for FCA-authorised credit broker Global Response Partners UK Limited, which trades as from Altrincham, Cheshire. – which helps consumers find short-term loans of up to £1,000 – has no association with the clone firm.

In a statement, the FCA said: “We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are.

“You should also be aware that if you give money to an unauthorised firm, you will not be covered by the Financial Ombudsman Service or Financial Services Compensation Scheme if things go wrong.”

If a firm does not appear on the register, but claims it does, contact the FCA’s consumer helpline on 0800 111 6768. 

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