 Motor Vehicles - Non Business Use
The finance for motor vehicles for non business (private) use is covered by the Uniform Consumer Credit Code (UCCC) and is heavily regulated to protect the borrower. Strict regulations exist covering disclosure of comparison interest rates and providing that when information is obtained from a borrower for the purpose of procuring credit, that a finance broking contract between the broker and the borrower must be entered into. This contract covers all of the terms of the proposed loan including the remuneration and any commissions paid to the broker. |
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We do arrange these regulated loans however, to be fully compliant with the UCCC we do not provide finance quotes online. We require that you complete the preliminary information form hereunder and submit the details to our office. We will then respond by email with a loan quotation which includes comparison rates and all other regulatory information. |