Initial Disclosure

Please read the important information below which explains our services and charges and how we use your information. Use this information to decide if our services are right for you.

About us

Kiss Cars is a trading style of Kisstech ltd, which is a limited company registered in England and Wales at: Kisstech Ltd, 1 Southwick Road, Wickham, Fareham, PO176HS, Company Number 11616407. Kisstech Limited specializes in the motor trade & vehicle finance.

Who regulates us

Kisstech Limited, is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 844979. You can check these details on the on the Financial Conduct Authority website; http://www.fca.org.uk or by contacting the FCA directly on 0800 111 6768.

Our permitted business activities are:

Credit broking, debt adjusting and debt counselling on a commercial basis.

Our Services

We will advise you on the most suitable lender on our panel, along with the most suitable product option available to us via that lender (a list is available upon request), that may be able to help you finance your vehicle purchase.

This group of lenders provides us with a range of products for people with good credit history through to poor credit history.

If you are looking for credit in order to purchase a vehicle, we will firstly verify your identity and make an initial assessment of your affordability for this service to ensure that it is right for you, before referring you onto the most suitable lender based on the information you have provided to us.

Kisstech Limited is a broker not a lender.

Our fees and charges

We do not charge our customers any fees for our credit broking services or for the cancellation of a credit agreement with a credit provider on our panel.

We receive our income through our panel of funders for the introduction of customers who are consumers, sole traders or small partnerships and who use our services resulting in the entering into an agreement which is regulated by the Consumer Credit Act through our panel of funders.

The FCA expects regulated firms to ensure that customers are aware of the existence and amount of any commission, before the credit agreement is entered into, if any of the following apply:

  • from the customer's perspective, the commission could have unduly influenced the broker into recommending or offering a particular product
  • knowing about the existence or amount of the commission would materially impact the customer's decision in entering the credit agreement
  • the customer has formally requested details of the commission.

What are we required to disclose?

We are required to disclose the existence of commission and the amount of commission we receive for the introduction of a Credit agreement.

How do I request a commission disclosure?

Commission will be disclosed, and approved by the customer per deal. Before any agreements are signed.

Credit Searches

To assess your credit worthiness and secure the most suitable credit offer to one of the lenders on our panel, we will undertake an initial soft search on your credit profile.

All lenders will conduct a full search (please be aware that full credit searches may leave a negative footprint on your credit profile even if you are not provided with a credit facility by any of the credit providers on our panel).

If the first lender we approach is unable to offer you a credit facility, we will then approach another suitable lender on our panel. Prior to signing a credit agreement with any lender, they will inform you about any credit search they plan to undertake on your personal information.

The information you provide to us

You must take reasonable care to ensure that all information you, or anyone acting on your behalf, give us verbally and/or in writing when arranging a credit agreement is true and accurate as failure to provide accurate information could result in your regulated credit agreement with a third-party credit provider being void.

If you are in doubt about what you need to tell us, please contact us.

Privacy and how we use your data

Your personal data is held in accordance with the Data Protection Act 2018. Some or all of your information collected by us will be recorded electronically.

Your personal data will only be processed under the agreed authorization you have provided to us. Kisstech Ltd complies with its obligations under the General Data Protection Regulation 2018 by keeping personal data up to date; by storing and destroying it securely; by not collecting or retaining excessive amounts of data; by protecting personal data from loss, misuse, unauthorised access and disclosure and by ensuring appropriate technical measures are in place to protect personal data.

We use your data for the following purposes:

  • To verify your identity
  • Marketing and communication
  • To deliver the services of Credit Broking by means of assisting to find a suitable finance product for your needs and requirements

How long do we keep your data?

We will keep your personal data for no longer than reasonably necessary for a maximum of 10 years in order to assist with any potential legal claims or complaints in the future.

Your rights and your personal data

Unless subject to an exemption under GDPR, you have the following rights with respect to your personal data:-

  • The right to request a copy of your personal data Kisstech Limited holds about you
  • The right to request that Kisstech Limited correct any personal data if it is found to be inaccurate or out of date
  • The right to request your personal data is erased where it is no longer necessary for Kisstech Limited to retain such data
  • The right to withdraw your consent to the further processing of your data
  • The right to request that data controller provide the data subject with all personal data and where possible to transmit the data directly to another data controller
  • The right where there is a dispute in relation to the accuracy or processing of your personal data , to request a restriction is placed on any further processing.
  • The right to lodge a complaint with the Information Commissioner's Office
  • Transfer of data abroad

We do not transfer data outside of the EEA (European Economic Area)

Further processing

If we wish to use your personal data for a purpose not covered by this data protection notice we will provide you with a new notice explaining this new use prior to commencing the processing and setting out the relevant purposes and processing conditions. Where and whenever necessary we will seek your prior consent to the new processing.

Why might this service be unsuitable for you?

Upon referral to our credit provider/s, they will assess your financial situation. If the provider/s feels that the products, they have available will not suit your financial situation, they will be unable to offer you a credit facility. However, you may decide to look into other providers of credit if you wish to do so.

Affordability

Before you enter into any financial agreement with any of our credit providers, please ensure that you have considered your personal circumstances and ability to afford to repay the amount of credit that you apply for, for the term of the agreement.

The consequences of late payment

If you do not keep up the agreed repayments on the credit arrangement you set up with the credit provider, you may have legal action taken against you and your credit score may be affected for up to 6 years.

Cancellation

You have the right to cancel a regulated credit agreement within 14 days of signing. After this point, your rights may be affected, and fees and charges may be added by your credit provider.

You can cancel your agreement by notifying the lender that provides you with a credit agreement, directly in writing.