The Financial Conduct Authority expects any intermediary to disclose to the customer that a commission may be payable by the owner or creditor to the intermediary, and, if the customer asks, the amount of that commission. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.
If you would like the credit broker DSG Auto Contracts Ltd trading as leasing.cars to disclose any potential commission that they earn whilst arranging your finance agreement you can request this from them. Please make your request via email to email@example.com stating your full name and quote or order number.
DSG Auto Contracts trading as leasing.cars are authorised and regulated by the FCA, they are a credit broker, not a lender. They offer various types of finance agreements direct from our approved panel of finance and leasing companies and we also arrange manufacturer finance agreements via the main dealer network.
DSG Auto Contracts do not charge any fees at all to our customers, we are a commission-based business which means that they may receive payments for business introductions. They will receive financial remuneration which may be variable or pre-set dependent on the product and the volume that we place with that organisation. The amounts that they receive may vary.
For Hire Purchase, Personal Contract Purchase and Lease Purchase, they may also receive a higher payment from the finance lender dependent on the interest rate you are charged.
They may select a lender which is part of they group (Unity Facilities Ltd). they will only ever select this particular lender from the panel available to them if it is in your interests and is the most appropriate lender for your particular needs.