Commission Disclosure

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Introduction

Autedia Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 948436). You can check the authorisation on the FCA Financial Services Register.

As a credit broker, the Financial Conduct Authority require Autedia Limited to ensure that customers know the following :

  • Know the existence and type of commissions or fees payable in good time before the credit agreement is entered into.
  • Disclose the amount (or reasonable amount if the precise amount is not known) of any commission fee or other remuneration payable by the lender.

Commissions

Autedia Limited are a credit broker that can introduce customers to a limited panel of carefully selected credit providers and do not charge our customers a fee for this service.

Our income is from the commission paid to Autedia when a customer we have introduced to a lender enters into a finance agreement with that lender. Each lender sets the commission amount paid to Autedia Limited, either as a fixed fee or a fixed percentage of the amount borrowed and may vary by the lender and product. The interest rate and amount payable under the finance agreement does not affect the commission that Midland Credit receives for the introduction.

Commission Disclosure Request

A Customer may ask for commission disclosure through to the point when their agreement becomes live. Once received, the Compliance Manager will action your request within five business days.

How do I request a commission disclosure?

If you would like Autedia Limited to disclose any commission, please make your request to in writing:

Email: team@youngcardriver.com