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Profile of registrant

Consumer Finance Association

Identification number in the register: 24843495531-93
Registration date: 22/03/11 10:44:08

The information on this organisation was last modified on 24/02/14 12:26:59
The date of the last annual update was 24/02/14 12:26:59

Registrant : Organisation or self-employed individual

Name/company name: Consumer Finance Association
Acronym: CFA
Legal status: UK Company limited by Guarantee
Website address:


Section: II - In-house lobbyists and trade/professional associations
and more precisely: Trade, business & professional associations

Person with legal responsibility

Surname, Name: Ms  Caroline Walton
Position: President

Permanent person in charge of EU relations

Surname, Name: Mr  Russell Hamblin-Boone
Position: CEO

Contact details:

Contact details of organisation's head office: 78 Pall Mall 
London SW1Y 5ES
Telephone number: (+44) 2031787410
Fax number: (+) 
Other contact information:

Goals / remit

Goals / remit of the organisation: The Consumer Finance Association (CFA) is a UK trade association which represents the interests of businesses offering short term, unsecured personal loans. CFA members are licensed and regulated by the Office of Fair Trading.

Ours is a modern and innovative form of lending that is not designed to build up long term debt. Customers borrow what is required and pay it back quickly. Delivery is both traditional through high street offices and innovative via the internet. We offer customers short term loans, usually small sums that are due to be repaid in one or two instalments within two months. These loans are sometimes known as 'pay day loans' because the customer usually repays the loan once they have received their salary.

The typical payday loan customer is a young adult or in early middle age, and relatively free of financial commitments such as a mortgage or dependent children. S/he may be averse to running up long term unsecured debt but would rather choose to borrow and repay over a short period to ease personal cashflow when a number of bills arrive at once, or to fund an acquisition or activity.
The organisation's fields of interests are:
  • national

Number of persons engaged in activities falling under the scope of the Transparency Register

Number of persons: 1
Complementary information:

Persons accredited for access to European Parliament premises

No accredited persons


Main EU initiatives covered the year before by activities falling under the scope of the Transparency Register:

We are primarily concerned with the provision of unsecured consumer credit supplied by non banks. We are concerned that the EU Consumer Credit Directive 2008 fails to make adequate arrangements for cross border lending by non banks, particularly for on-line lending.

We are also interested in the regulation of unsecured consumer credit throughout the EU.

Fields of interest for e-mail alerts on consultations and roadmaps;

Fields declared by the organisation:
  • Consumer Affairs


Information on (i) organisation's membership of any associations/federations/confederations or (ii) relationships to other bodies in formal or informal networks.

Confederation of British Industry (CBI)

Financial data

Financial year: 11/2011 - 10/2012
Estimated costs to the organisation directly related to representing interests to EU institutions in that year: < 50000  €
Amount and source of funding received from the EU institutions in financial year n-1 of registration
Procurement: 0 €
Grants: 0 €
Other (financial) information provided by the organisation:

The CFA is a membership organisation entirely funded by its member businesses.

Code of conduct

By its registration the organisation has signed the Transparency Register Code of Conduct.