Penderfynodd yr OFT ddirymu trwydded Yes Loans oherwydd eu bod wedi methu â chydymffurfio â Deddf Credyd Defnyddwyr 1974, methu â chydymffurfio â rheoliadau cysylltiedig ac â gofynion a nodwyd cyn hynny gan yr OFT.  Gall y cwmni apelio yn erbyn y penderfyniad a pharhau i fasnachu trwy gydol unrhyw broses apelio.
The decision to revoke the license was taken in light of evidence that Yes Loans has failed to comply with the Consumer Credit Act 1974, associated regulations and with requirements previously imposed by the OFT.  It is possible for the company to appeal this decision and can continue trading throughout any appeals process.