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The United Kingdom’s Professional Financial Consumer Rights Experts
Our Commission Structure
Our Commission Structure is simple, and importantly fair to Clients and our Representatives
Our charges to Clients are £295 or £195 or £95 depending on how many Credit Agreements they wish our Solicitors to Evaluate and Audit To Calculate The Fee Payable By Clients, click here
We pay our Representatives the following Minimum* Commissions:
£125 (Inclusive of VAT) Initial Commission when the Client pays £295
(Payable after our Solicitors have concluded that the Clients Credit Agreement is Unenforceable by our Solicitors. Normally paid around 5 weeks after instruction)
£75 (Inclusive of VAT) Initial Commission when the Client pays £195
(Payable after our Solicitors have concluded that the Clients Credit Agreement is Unenforceable by our Solicitors. Normally paid around 5 weeks after instruction)
£25 (Inclusive of VAT) Initial Commission when the Client pays £95
(Payable after our Solicitors have concluded that the Clients Credit Agreement is Unenforceable by our Solicitors. Normally paid around 5 weeks after instruction)
We then pay our Representatives on each case the following Commissions:
£100 (Inclusive of VAT) Final Commission after the Clients Credit Agreement has been written off
(Payable after the Clients Credit Agreement has been written off, prior to Court action. Normally paidaround 6 months after instruction)
Or
£200 (Inclusive of VAT) Final Commission after the Clients Credit Agreement has been written off
(Payable after the Clients Credit Agreement has been written off, after Court action and our Solicitors have been awarded and received over £999 in Legal Fees. Normally paid around 10 months after instruction)
Or
A maximum of £6,000 (Inclusive of VAT) Final Commission after the Clients Credit Agreement has been written off
(Payable after the Clients Credit Agreement has been written off and our Solicitors have been awarded and received a Success Fee in excess of £2,000. In this instance, we receive from our Solicitors a Success Fee calculated at 50% of our Solicitors Success Fee and we will pay you a Commission of 50% of the Success Fee we receive up to a maximum of £6,000. Normally paid around 10 months after instruction)
For example, if one of your Clients submits three of their Credit Agreements, they will pay a fee of £585. If our Solicitors conclude that their three Credit Agreements are Unenforceable, you will receive an initial Commission payment of £225. When your Clients Credit Agreements have been successfully written off, you will then receive a Final Commission Payment of between £300 and £18,000
To Understand How Final Commissions Are Calculated, click here
* Our "Appointed Representatives" and "Master Representatives" that introduce over 50 Credit Agreements that are deemed to be Unenforceable each month, will receive additional override Commission Payments. Details of override Commissions will be disclosed only upon receipt of proof that you are capable of introducing larger volumes of cases
You may also be interested to know that we do not charge any form of franchise fee or joining fee to become one of our Appointed Representatives or Master Representatives
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