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Status disclosure

Vehicle Finance Status Disclosure for Peter Reeves Limited

Who are we?: Peter Reeves Limited are a dealership acting as a credit broker in arranging finance for vehicle  transactions..

Are we authorised to arrange finance for you?: Yes, we are authorised and regulated for credit-broking activities by the Financial Conduct Authority (“FCA”).  We are not a lender. Our FCA Firm Reference Number is 659437. For more information, please visit the FCA  website at: https://register.fca.org.uk/. Please note that business customers may not be protected under the  Consumer Credit Act 1974 or FCA rules.

What can we do to help finance your vehicle?: We can introduce you (whether direct or through a specialist credit broker) to a number of finance companies  (“funders”) who may be able to finance your transaction. We will provide you with information and explanations about the finance products that may be available to you  and, where we recommend a product to you to you, we will ensure that this is based upon :the information you give to us about your needs and circumstances so that it is suitable for you. Finance is arranged subject to status  and terms and conditions. We cannot guarantee that we will be able to secure finance for you.

do you have to pay for our service?:  no, But a funder or broker we work with may pay us for introducing you to them. Different funders/brokers may  pay us different amounts

We will use your information to obtain quotes from funders and brokers to process finance applications through  them and we and/or they may also conduct a search of your record held with one or more credit reference agencies. Credit checks may as a result appear on your credit file lodged by organisations with whom you have  not dealt directly. The personal information collected will also be shared with fraud prevention agencies who will use it to prevent fraud and money laundering and to verify your identity. If fraud is detected you could be refused certain services, finance or employment. Further details of how your information will be used by us, funders and these fraud prevention agencies, and  your data rights can be found here [link to dealer’s full DP Notice/privacy policy]. A full data protection notice/  privacy policy will be provided to you before we submit any application for finance on your behalf. We are registered as a data controller with the Information Commissioner’s Office under registration number  Za175146

 We are not independent financial advisers and so are unable to provide you with independent financial advice. Before entering into a  Credit Agreement we will take you through the funders pre-sale Information and adequate explanations.