At Carzu we are dedicated to treating customers fairly and putting our customers at the heart of everything we do. We are committed to ensuring that the FCA principle of Treating Customers Fairly (TCF) is applied to all areas of our day to day activities. As a result TCF an integral part of our culture and is embedded in all aspects of business and values.


The TCF principles aim to raise standards and increase consumer confidence in the financial services industry.

The TCF initiate aims to deliver six outcomes.

Outcome 1: Consumers can be confident that they are dealing with firms where the fair treatment of customers is central to the corporate culture.

Outcome 2: Products and services marketed and sold in the retail market are designed to meet the needs of identified consumer groups and are targeted accordingly.

Outcome 3: Consumers are provided with clear information and are kept appropriately informed before, during and after the point of sale.

Outcome 4: Where consumers receive advice, the advice is suitable and takes account of their circumstances.

Outcome 5: Consumers are provided with products that perform as firms have led them to expect, and the associated service is both of an acceptable standard and as they have been led to expect.

Outcome 6: Consumers do not face unreasonable post-sale barriers imposed by firms to change product, switch provider, submit a claim or make a complaint.

TCF is not just about offering the same rates, products and services to all customers or treating every customer the same. It is about you as an individual having choice. You should be offered clear and transparent information, have confidence in the providers you are buying from and be offered suitable products that are appropriate for your needs, based on your individual circumstances. You should have no barriers and know the products and services will work exactly how you were lead to believe.


Our STANCE on TCF shows what TCF means to us. It takes into account the six FCA outcomes:

S - Suitable products
T - Transparent information
A - Appropriate advice
N - No post sale barriers
C - Confidence in our culture
E - Expectations fulfilled


Suitable Products

  • Carrying out affordability and suitability checks to ensure sustainability.
  • Manually underwriting individual cases and documenting the rational for this.
  • Ensuring the SECCI document is received before entering you enter into any agreement which explains all the Terms and Conditions of your finance agreement.

Transparent information

  • Offering a transparent and professional service to help you make an informed choice.
  • Making sure that any promotional material is clear, compliant, jargon free and appropriately targeted.
  • Ensuring sales staff have thorough training on all products so they can provide all the relevant information for you to make a considered decision.
  • Providing you with clear accessible literature and product information.
  • Making your customer journey as easy as possible and getting it right first time.

Appropriate advice

  • Providing ongoing feedback, coaching, developing and training for all our staff.
  • Training non sales staff to implement TCF in their day to day business activities to improve the culture within the businesses.
  • Keeping staff up-to-date with relevant training in relation to competence, data protection and other matters directly affecting the quality of service offered to you.
  • Holding TCF focus groups where staff can provide feedback on the customer journey, processes, improvements, documents and criteria.
  • Keeping staff informed of issues identified through monitoring, recording or complaints and dissatisfaction and through internal communications.

No post sales barriers

  • Having a process in place to record dissatisfaction and complaints, and having a fully trained complaints handler to deal with these.
  • Recording any advice or options given you to so that we can deal with any complaints that may arise fairly and swiftly.
  • Making sure any customer complaints are assessed fairly, promptly and impartially, and in line with FCA deadlines and rules.

Confidence in our culture

  • Having processes in place to identify and combat money laundering and fraud.
  • Limiting the amount of credit searches to 3 lenders.
  • Embedding TCF into our day-to-day business with visual STANCE posters in all offices.
  • Continual monitoring and quality checks through call, transaction, case and process monitoring.
  • Implementing sales remuneration packages that promote the TCF culture and customer satisfaction, rather than awarding sales volumes.
  • Completing monthly reviews with individual staff to identify all training and coaching requirements.

Expectations fulfilled

  • Having a process in place for customers, dealers and funders to provide feedback.
  • Ensure we implement a contact questionnaire with you after a deal has been concluded to help or improve on the service already offered.
  • Monitoring and reporting on all of the above TCF activities as part of the company's monthly statistics/MI in order to assess TCF performance across the businesses.
  • Ensuring that TCF values, which are set and communicated by Senior Management, are supported by all staff and understood in the same way.


We want to work with you in a way that is TCF so that you can enjoy the best possible service from Carzu. So that we can deliver this, we rely on you to:

  • Provide accurate information.
  • Ask us if you are uncertain about any aspect of the product or service.
  • Read any literature made available to you.
  • Use cooling off periods to consider whether to go ahead.
  • Keep us up to date if any of your circumstances change.
  • Let us know straight away if you feel that you have been treated unfairly so that we can try our utmost to put this right for you.


If you feel that you have been treated unfairly then it is important that you let us know so that we can investigate this straight away. If you wish to make a complaint you can do so here.

Last updated: 17th February 2017.