Ancillary Credit Business

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Ancillary Credit Business

A business that is involved with credit but does not offer credit itself. Examples of ancillary credit businesses include debt collection agencies, which collect the credit extended by others, and credit brokerages, which are businesses that make introductions between customers and companies that give credit.
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The company, run by husband and wife team Basil and Amanda Rank-k ine, has been banned from engaging in 'debt sales', from making misleading claims or carrying on ancillary credit businesses.