Glossario

Someone who proposes loan agreements on behalf of a lender and deals with preparing the contract from the time the proposal is presented. Credit brokers may be financial agents or credit intermediaries, and must be entered in the dedicated lists maintained by the Agents and Brokers Organization (Organismo degli Agenti e Mediatori - OAM) available at www.organismo-am.it. Financial agents work directly for the lender and can also finalize the contract. Credit intermediaries work autonomously and may only market the loan and prepare the contract but cannot finalize it; they charge consumers a fee for their services.