FAQ
Q. Who can join the program?
A. Well just about anyone. We accept members of the public who just want to recommend a friend, brokers who want new lines of finance and people who want to generate a second or new income.
Q. Is there a limit to how many I can introduce?
A. No, you can introduce as many as you like, as often as you like.
Q. I am a broker, can I deal with the application?
A. In certain circumstances yes, but this is the exception. The reason for this is that non status underwriting is very different to prime underwriting, it is far more complicated, so to get the best chance of success we deal with the application.
Q. Will I be kept informed on how the application is going?
A. Yes, subject to the terms of the Data Protection Act, we will keep you advised of every application.
Q. How much will I get paid for each product?
A. As you as you register, we will email you the commissions if you are a business, but if you just want to recommend a friend the commissions are shown on the affiliate information page.
Q. Am I allowed to advertise for clients?
A. Yes of course, however you are not allowed to use our name, imply you represent us in any way or use any of our internet material without our consent in writing. Such use does constitute a break of contract and by legal action.
Q. How much can I earn from an affiliate business?
A. There is no limit on how much you can earn, but to give you an idea, we pay over £1000 per completed lead for our property business, so it's not hard to see how much you can earn.
Q. What work do I have to do after I send you the application?
A. Nothing, we will do all the work for you.
Q. Do I need a credit consumer licence?
A. No, because you are only providing leads and not dealing with finance applications.
Q. Do I need to be regulated by the FSA for insurance products?
A. No, because you are only providing leads and no not dealing with insurance products.
Q. How old can the cars be that you finance?
A. They do vary from application to application, but as a guide
Entry Vehicles: Up to 4 years old & no more than 60k miles
Executive & Sports: Up to 7 years old & no more than 60k miles
Q. How much can they borrow on a car loan?
A. 100% on Prime loans & up to £7,000 on non status. On Non status 90% of the trade price.
Q. Many lenders stop at £25,000 for each loan, how much can you lend?
A. We have NO limit.
Q. Are you car loans guaranteed?
A. No loan, whatever they say are guaranteed, but we do say yes to 95% of applications
Q. Can I get training on these products?
A. Most of the information you need is on our web sites, however we can arrange for advanced phone training if needed.
Q. I want to build a business selling your products, can you help?
A. Yes, in certain circumstances we can provide support
Q. I like the Caribbean property program, can I develop that on its own?
A. Yes, for certain agents we will be providing independent training and a higher commission rate based on % of sales. Please email us for further details.
Q. I have a question which is not listed, who can help?
A. Email us via the link and we will give you a call
