Professional figure of the credit broker
The professional figure of the credit broker should facilitate citizens’ access to credit, encouraging them to meet with banks and financial companies specialized in the provision of loans and financing. Given these functions, it is a profession that has gained new prominence in these years of economic difficulties, in which access to credit has become a problem for many citizens and businesses. The mediator acts in all areas of credit: from simple personal loans to financing for companies, but also in the field of mortgages, in exchange for the payment of a commission for mediation.
It is therefore a delicate profession,
Which requires transparency and professionalism. Precisely in order to prevent the citizen from coming across scams or unreliable figures, the relevant legislation has been strengthened. Today, in fact, there is the Agency of Agents and Mediators, a body that deals with drawing up and updating the lists of these financial promoters, those who meet all the requirements to exercise this profession. The first step that the consumer must take when turning to a credit broker is therefore to control his registration on the organism’s lists, as a guarantee of his professionalism.
Professionalism and integrity
In fact, in order to be able to register with the lists, the professional must comply with the main requirements of professionalism and integrity, including the provision to exercise the profession of mediator exclusively (to avoid doubts that the mediation activities are carried out in order to guarantee earnings and advantage in its additional employment) and the subscription of a civil liability insurance policy.
On the website of the Body it is possible to consult the lists of credit brokers (in addition to those of agents of payment services and agents in financial activity). In this register you can find information such as the mediator’s tax code, the authorization to operate, the registered office and the date of registration on the list. If the professional in contact with you does not appear on this list.
Finally, we point out that the activity that the credit broker traditionally carries out is now also facilitated online by all those portals that compare the offers of loans and mortgages, offering the customer the best choice. The advantage of these portals is the absence of commissions and the possibility of displaying more offers: but be careful, even here the first results of the search could be the result of an agreement between the portal and some banks or financial companies.