- Telephone:
- 020 86603733 | 07775 773995
Finance
South Croydon Motor Centre will only offer the best competitive motor finance available to you.
WE OFFER PRIME AND SUB-PRIME FINANCE
Our FCA number is 625910
Please call us and we can quote you monthly payments over the phone.
With over 27 years experience, you will be guided to the best option for you.
We only entertain reputable financial companies.
COMMISSION DISCLOSURE POLICY STATEMENT
INTRODUCTION
This commission disclosure policy outlines the commission arrangements between South Croydon Motor Centre and its lenders for finance products and services that we offer. This policy is in accordance with the Financial Conduct Authority (FCA) rules regarding commission disclosure, which aim to ensure transparency and fairness in the provision of financial services.
COMMISSION DISCLOSURE
South Croydon Motor Centre acts as a credit broker and not a lender. We work with a panel of lenders to provide finance products and services to our customers. The commission we receive from the lenders varies depending on the product and the lender. We will receive a commission based on the percentage of the total amount borrowed or a flat fee per transaction.
The commission received by South Croydon Motor Centre does not affect the amount you pay for the finance product or service. We are committed to providing fair and transparent pricing to our customers.
In accordance with the FCA rules, we will disclose the commission arrangements in a manner that is clear, fair, and not misleading. We will provide you with the following information before you enter into an agreement with us:
1. The fact that we receive commission for arranging finance products and services.
2. The name of the lenders we work with and any relationships we have with them.
3. Whether we offer finance products and services from a limited number of lenders or if we work with a wide range of lenders.
4. If you ask us, we will provide you with a copy of the commission disclosure policy.
OUR COMMITMENT TO YOU
We are committed to providing you with clear and transparent information about our commission arrangements. We believe that being transparent about our commission arrangements is essential in building trust with our customers.
If you have any questions or concerns about our commission disclosure policy or any of the finance products and services we offer, please do not hesitate to contact us. you can submit a commission disclosure request by contacting us over the phone, by email, or by post.
CONCLUSION
South Croydon Motor Centre is committed to providing fair and transparent pricing to our customers. We are committed to complying with the FCA rules regarding commission disclosure and providing clear and transparent information about our commission arrangements. It is essential in building trust with our customers.
Hugh Telford trading as South Croydon Motor Centre, is authorised and regulated by the Financial Conduct Authority (firm reference number is 625910). Hugh Telford is a credit broker and not a lender.
We can introduce you to a limited number of preferred lenders and/or brokers, also known as credit firms. Each of these may have different interest rates and charges.
We will not charge you a fee for an introduction to a credit firm but will receive a commission from them if you enter into a finance agreement. These commissions may vary between credit firms but they will be pre-agreed and are either a fixed fee or a fixed percentage of the amount you borrow.
If you would like to know more about our commission arrangements, please contact us. High Lea House, Golf Road, Kenley, Surrey, CR8 5ES. We are not able to provide financial advice or impartial recommendations related to finance. You must decide whether the finance is right for you.
Finance is subject to status (for example, your income, employment and creditworthiness) and approval. Finance is only available to permanent UK residents aged 18 and over. Terms and conditions apply. Excess mileage and damage charges may apply when vehicle returned.
