Vehicle Finance Status Disclosure For KRS Motors Ltd trading as (Burton Bradstock Cars)
Frequently asked questions
- Who are we ?
KRS MOTORS LIMITED trading as BURTON BRADSTOCK CARS ... a car dealership acting as a credit broker in arranging finance for vehicle transactions .
OUR ADDRESS IS :- Cliff Corner Burton Bradstock Bridport Dorset DT64RB
Company Registration 5089645
Telephone number 01308897199
- Are we authorised to arrange finance for you ?
Yes we are authorised and regulated for credit-broking activities by the Financial Conduct Authority (FCA).
We are not lenders .Our FCA Firm Reference number is 685961. For more information please the FCA website https://register.fca.org.uk/.
Please note the business customers may not be protected under the Consumer Credit Act of 1974 or FCA rules .
What can we do to help you finance your vehicle
We can introduce you (either direct or through a specailist broker) to a number of Finance companies (FUNDERS) who may be able to help with your finance transaction.You can also arrange your own finance directly with that we do not have access to. We will provide you the information and expalin about the finance products available to you .
We cannot make any recommendation for any products .... and we cannot guarantee that we will be able to secure finance for you .
We also cannot give you any financial advise as we are not independent advisors .
Do we charge for this service we offer ?
No you dont pay us anything . but the funder or broker we work with may pay us for the introduction to them.Different funders/brokers may pay us different amounts but it is typically based on a fixed precentage of the amount borrowed.This percentage may differ according to types of finance products and the funders/brokers assessment of the risk .
For your assuarance we are not able to change the interest rates you pay in order to recieve more commission.Although rates and commissions may vary between all our finance partners ,our aim is to secure finance from a funder/broker which is appropriate to your circumstances and the lowest interest rates available .
If we are successful in obtaining an offer of finance for you and you would like to know the amount (or likely amount) we would receive if you decide to go ahead with the agreement and how that amount has been calculated ,please contact us using the details above.
How will we use your information
We will use your information to obtain quotes from funders and brokers to process the finance application through them and we and/or they may also need also to conduct a search of your records held with one or more credit agencies .
Credit checks may as a result appear on your credit files lodged by organisations with whom you have not dealt directly with ...this information will also be shared with fraud prevention agencies who will use it to prevent fraud and money laundering and to verify your identify .if fraud is detected you could be refused certail services ,finance and employment.
We are registered as a data controller with the information Commissioner's office under registration number ZA232805
What can you do if you wish to complain about our service or contact us
If yoy wish to make a complaint...please contact us :
- by writing to us at our address
- by email to email@example.com
- by telephone on 01308897199
If after making the complaint to us your still unhappy and feel the matter has not been resolved please contact the Financial Ombudsman Service (FOS -www.financail-ombudsman.org.uk) please note the FOS may not be able to deal with complaints from business customers .
If you require any further help please call or email.