Warning issued on Unauthorised Retail Credit Firm - Quality Lending Service (United Kingdom)

20 April 2018 Press Release


The Central Bank of Ireland (‘Central Bank’) today (20 April 2018) published the name of an unauthorised firm, Quality Lending Service (United Kingdom) – qualitylendingservice.com.  Quality Lending Service (United Kingdom) is not authorised as a retail credit firm by the Central Bank and has advertised the availability of credit online.

A list of unauthorised firms published to date is available on the Central Bank website.

It is a criminal offence for an unauthorised firm/person to provide financial services in Ireland that would require an authorisation under the relevant legislation which the Central Bank is the responsible body for enforcing. Consumers should be wary of advertisements offering loans from unauthorised/anonymous firms or persons. Consumers can check the Central Bank registers online to find out if a firm they are dealing with is authorised.

Any person wishing to contact the Central Bank of Ireland with information regarding such firms/persons may telephone (01) 224 4000. This line is also available to the public to check if a firm is authorised. Since obtaining the necessary legal powers in August 1998, the names of 311 unauthorised firms have been published by the Central Bank.