Initial Disclosure
Information about our Finance and Insurance Services
Who are we?
DJH Trade Limited T/A DJH Prestige and Sports
Email : djh.cars@yahoo.co.uk
Tel : 07503 751005
Who Regulates Us?
The Financial Conduct Authority (FCA) is the independent watchdog that regulates financial services. For the provision of finance, DJH Prestige and Sport is authorised and regulated by the Financial Conduct Authority, firm reference number 777375
You can check this information at https://www.fca.org.uk/. Use this information to decide if our services are right for you.
Which Services Will We Provide You With?
DJH Prestige and Sport is credit broker and not a lender, and we work with a panel of lenders, This group of lenders provides us with a range of products that may be suitable for your vehicle purchase, We will explain the key features of each finance product available to you from the lenders we work with. You will not receive advice or a recommendation from us in relation to the financial products that we offer. We will provide you with information but you will have to make your own choice about how to proceed. We operate an information only sales process (non-advised).
Which Services Will We Provide You With?
Credit Agreements - Hire Purchase and PCP (Personal Contract Purchase)
Whose Products Do We Offer?
We work with a panel of hand selected lenders and in some circumstances we may use the services of an external credit broker to secure an offer of finance for you.
Will You Have To Pay Us a Fee For Our Services?
No, we do not charge a fee to arrange any finance agreement.
The Lenders we work with could pay commission as either a fixed fee or a fixed percentage of the amount you borrow. These arrangements are negotiated with our lenders in advance and do not give us any discretion to negotiate or adjust the annual percentage rate (APR) or any other item included in the total charge for credit from the lender. The APR may vary according to your credit status, the amount you borrow or the term you borrow it over, The commission we earn does not change in relation to the type of finance (Hire purchase or Personal Contract Purchase) you choose or the length of the finance agreement.
At any time prior to concluding your vehicle purchase, if you are an individual, sole trader or small partnership, you are entitled to request details of any commission we will receive as a result of arranging your finance with a lender.