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OFT refuses credit licence for Romford car retailer

The Office of Fair Trading has rejected an application for a credit licence for Romford based car retailer Multilink Trade.

The licence was refused after the adjudicator heard of convictions against an associated company and company director William Charles Green.

On June 6, 1996, the associated company was convicted and fined for offences under the Trade Descriptions Act 1968. Green was convicted of common assault on two separate occasions, firstly on July 15, 1999, and again on December 17, 2004.

“As a result, the adjudicator decided the applicant was not fit to hold a consumer credit licence and accordingly the application was refused,” said the OFT.

Christine Wade, director of consumer regulation enforcement said: “It is the job of the OFT to protect consumers from traders who are unfit to engage in supplying credit. A company associated with Multilink Trade, as well as one of its directors, have been convicted of a number of offences and this has resulted in the adjudicator's decision to refuse the application for a credit licence.”

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