The Partner Academy
  • 💡Updates Board
  • 🛠️Getting Set Up With Knoma
    • Becoming a Knoma Partner
    • Knoma Onboarding
      • 'Pay with Knoma' for your site.
      • Guidance for Marketers & Designers
      • Examples: Knoma on Websites
      • Guidance for Developers: Installing the Button [Deprecated]
    • Using The Partner Portal
      • Partner Portal Dashboard
      • Adding New Courses & Course Variants
      • Email Marketing with Knoma
      • Opting in for email notifications
      • Student Deposits
      • Setting up your Team
    • Setting up International Payments
    • Announcing our Partnership
  • 💽Knoma's Resource Bank
    • Who are Knoma?
    • How does it work?
    • What's the application process?
    • What is Open Banking?
    • How can we advertise on Knoma's site?
    • Guides for Admissions & Sales
      • Using the Eligibility Checker
      • Handling Enquiries About Knoma
      • Knoma & Student Loan Agreement
      • Explainer Videos
      • Flyer for Learners
    • Guides for Marketers
      • Marketing Guide and Resources
      • Examples: Knoma on Websites
      • Collaborate on Content
      • Including Knoma at open evenings and webinars
  • ☎️Feedback & Contact
    • Reach Out
    • Provide Feedback
    • Report a Bug
    • Collaborate on Content
  • 🔐Knoma's Regulated Finance Product
    • Becoming an IAR of Knoma
    • What it means to be an IAR & Training
    • IAR Summary
    • Financial Promotions
    • Complaints Handling
    • Financial Ombudsman
    • Authorised firms (Credit brokers)
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  1. Knoma's Regulated Finance Product

Financial Promotions

It is important that Knoma's Compliance Team sign-off on the messaging used in your financial promotions

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Last updated 1 year ago

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Further Guidelines

To ensure compliance with FCA guidelines on financial promotions it is important Knoma's identity is not concealed i.e. it needs to be made clear that Knoma is a 3rd party finance partner that is servicing the funded loans.

The content of the promotion should not mislead the customer. As an example, this could be stating that there is a limited time promotion with lower interest-rates available for a short period of time.

Pressure selling is not allowed i.e. there needs to be clear, informative content on Knoma's finance without the coercion to signup for a Knoma loan.

Its also key to ensure the individual could be suitable for a finance offering before introducing finance as an option. For example, if an individual states they are in financial difficulty and can't afford to pay for the course, this would not be an appropriate individual to introduce Knoma's finance to. Whilst, if the individual has expressed they are interested in more flexible payment options to help them, this individual could be suitable (provided they meet Knoma's eligibility criteria).

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