CREDIT AGREEMENT REGULATED BY THE CONSUMER CREDIT ACT 1974

Flexible loan facility to purchase insurance premiums

Parties to this Agreement
Lender: First Central Insurance Management Ltd, Capital House, 1-5 Perrymount Road, Haywards Heath, West Sussex, RH16 3SY
Customer: Toni Mirosanu, 53 MacDonald Close Tividale Oldbury B69 3LD, tonimirosanu@gmail.com
Agreement Number: TBC
This Agreement is entered into for the purpose of providing a Credit Agreement, regulated by the Consumer Credit Act 1974, to finance insurance premiums and the cost of any
ancillary services (together the "Premiums") in relation to insurance policies and ancillary services arranged for you by FCIM.
KEY FINANCIAL INFORMATION
Credit Limit £ 682.69 or other such amount as we may notify you in writing in accordance with clause 2(b)

Deposit £ 59.27 paid to FCIM on or before the date of this Agreement

Total Amount £ 741.96 calculated on the assumption that the amount of credit provided under this Agreement is equivalent to the credit limit, that the
Payable credit is provided in full on the date of this Agreement and the amount of credit and total charge for this credit is repaid in [11]
equal instalments at monthly intervals.
Amount of Monthly Repayments 62.06

Number of Monthly Repayments 11

Date of first 16 November 2021 Subsequent payments shall be collected on or shortly after your chosen payment date of the [16th] of each month. If there’s no
Monthly corresponding date in the month, the Monthly Repayment shall be payable on the last day of that month.
Repayment
If you were to make a mid-term adjustment to an insurance policy, financed by this Agreement, which results in an additional Premium, this will result in a further draw down
of credit. Interest will be payable on the amount you owe at the interest rate shown below. Monthly repayments will be recalculated so the Outstanding Balance is repaid no later
than the date for payment of the last Monthly Repayment due under this Agreement.
Interest Rate per annum (fixed) 15.3 % Interest at this Interest Rate is calculated on the daily balance outstanding and applied to your
account on the date that the Monthly Repayment is due.
APR (fixed) 33.7 % In calculating the APR, no account has been taken of any variation which may occur under this Agreement
Duration of this Agreement: This is a running account Credit Agreement (“Agreement”). This credit facility will continue from the date of signing of this Agreement for a
term of 364 days, unless terminated earlier either by the Customer or FCIM under the terms of this Agreement. Clauses 4,5,7,11 and 14 shall survive after the end of this
agreement
OTHER KEY INFORMATION
SECURITY
As security for payment of the Outstanding Balance, under this Agreement you charge to us, with full title guarantee, by way of continuing security, all monies payable to you
under any insurance policy financed by this Agreement. We’ll be entitled to notify the insurer of the charge over such insurance policies.
CHARGES
We’ll charge you £15 if your agreement falls into arrears.
You must also pay our reasonable charges, expenses and legal costs for enforcing this Agreement.
We may also charge interest at the interest rate on any overdue amount from the due date for payment, until it’s paid, both before and, unless the court says otherwise, after any
judgement that we may obtain against you. Other charges that may be payable by you are set out in clause 4.
MISSING PAYMENTS
Failing to pay your Monthly Repayments by the due date will be a breach of this Agreement, which will result in us sending you a default notice. Failure to comply with the
default notice will lead to the termination of this Agreement. It may also result in us enforcing our charge over the relevant insurance policy, which will mean you’ll no longer
be insured under the policy. We may also take legal action or use a debt collection agency to recover any Outstanding Balance.
Missing payments may make it more difficult for you to obtain credit in the future.
RIGHT OF WITHDRAWAL
You have a right to withdraw from this Agreement, without having to give a reason, at any time before the end of 14 days beginning with the day after the day on which this
Agreement is made. You must notify us if you wish to exercise your right of withdrawal by telephoning us on 0333 043 2088, or by writing to First Central Insurance
Management Limited at Capital House, 1-5 Perrymount Road, Haywards Heath, West Sussex, RH16 3SY.
If you withdraw from this Agreement, you must pay to us, within 30 days of the day you tell us that you want to withdraw from this Agreement, the amount financed under this
Agreement, less any Deposit and Monthly Repayments paid by you. You’ll also have to pay interest on that amount at the Interest Rate. We’ll inform you on request the amount
of interest payable per day.
EARLY REPAYMENT
You have a right to repay this Agreement early (in full or part) at any time by giving notice to us at our postal address above or by telephoning us on 0333 043 2088, and paying
part or all of the Outstanding Balance as relevant. If you exercise your right to repay early in part, we may reduce the amount of the Monthly Repayments payable by you. We’ll
give you at least 7 days notice of any such variation to your Monthly Repayments.
YOUR RIGHTS
If you’ve paid for and received unsatisfactory services under this Agreement, you have a right to sue the supplier of such services, us or both. If the contract isn’t fulfilled,
perhaps because the supplier has gone out of business, you may still be able to sue us. If you’d like to know more about your rights under the Consumer Credit Act 1974,
contact either your local Trading Standards Department or your nearest Citizens’ Advice Bureau.
OMBUDSMAN SCHEME
If you have any complaints regarding this Agreement, please let us know by contacting us on 0333 043 2088. If we’re unable to resolve your complaint through our internal
complaints procedure, you may contact the Financial Ombudsman Service at Exchange Tower, London, E14 9SR.
SUPERVISORY AUTHORITY
We’re licensed under the Consumer Credit Act 1974 (the “Act”). The Financial Conduct Authority 25 The North Colonnade, Canary Wharf, London E14 5HS is the supervisory
authority. See www.fca.org.uk for details.
DATA PROTECTION - We’ll use your personal information and any information we obtain from credit reference and fraud prevention agencies to help us make decisions
about you. Please read clause 14 of the Terms “Use of your Personal Information”.
SIGNING OF AGREEMENT - It’s important that you read this Agreement (which includes the information above and the terms below) before you proceed. If you’re unsure
about any aspect of this Agreement, then please contact us or seek other advice. By agreeing to enter into this Agreement, you also confirm that the information you’ve provided
in connection with your application is true and accurate.
This is a Credit
Agreement regulated
by the Consumer
Credit Act 1974
TERMS OF THIS AGREEMENT
This Agreement is made between First Central Insurance Management Limited. (“FCIM”) (“we”/”us”/”our” which expression shall include FCIM and its
successors and assignees) and the Customer named on the front of this Agreement (referred to in the Terms and elsewhere in this Agreement as “you”). It’ll
only become binding once it’s signed by you and us, and you’ve paid the deposit where required.
1. Agreement
This Agreement is entered into for the purpose of providing a running account credit facility to finance insurance premiums and the cost of any ancillary
services, in relation to insurance policies and ancillary services arranged for you by FCIM. If you instruct us that you wish to use this facility to pay for any
Premiums, subject to clause 7, we’ll account to the supplier for the amount of the Premium on the date the Premium is due, provided that any draw down of
credit does not either (a) cause the Outstanding Balance to exceed the credit limit or (b) take place on or after the date for payment of the last Monthly
Repayment due under this Agreement.
2. Account
(a) We’ll open an account in your name (the “Account”) and will debit the Account with the amount of credit you request to be drawn down, in order to finance
insurance premiums and any ancillary services.
(b) (b) We may vary the credit limit from time to time. If we’re going to increase your credit limit, we’ll give you at least 7 days advance notice of any increase
(except in the case of non-disclosure or invalid details and where the increase is requested by you, in which case, if we agree to the increase, it’ll take effect
immediately). If we’re going to reduce your credit limit, we’ll give you at least 30 days written notice of any such reduction, but no reduction shall result in the
credit limit being less than the Outstanding Balance.
3. Payments and Interest
(a) You’ll pay the Deposit to us on or before the Date of this Agreement and will pay the Monthly Repayments on their due dates, together with any amounts
that fall due under clause 4 below. We’ll hold the debit or credit card details on record.
(b) All payments due under this agreement can be made by you by either direct debit or by debit or credit card.
(c) Interest at the Interest Rate is calculated on the daily balance outstanding and applied to your Account on the date that the Monthly Repayment is due. If
you’re late in paying a Monthly Repayment, you’ll pay us interest on the Monthly Repayment calculated on a daily basis from when it was due, until it’s paid
at the Interest Rate. Such interest will accrue after, as well as before, any judgment we obtain against you.
4. Charges and Fees
(a) We ‘ll charge you £15 if your agreement falls into arrears.
(b) If you fail to make the payments required under this Agreement, then we’re entitled to charge you the fees shown above. These charges may be varied by
us from time to time to reflect any change in the cost incurred by us in carrying out the work, by giving you one month’s prior written notice.
(c) We may also take legal action or use a debt collection agency to recover any Outstanding Balance. You must pay our reasonable costs and legal expenses
for taking steps to enforce our rights under this Agreement, or the security referred to above.
(d) If you ask us to change the terms of this Agreement, we may charge you a reasonable fee. This fee will be payable by you whether or not we agree to your
request.
(e) Any amount payable under this clause shall be payable on demand.
(f) If you make a claim on your insurance policy, we reserve the right to request the insurer to deduct and forward us any accrued debts due under this
agreement from the claim settlement.
5. Allocation of Payments
Any payment made by you which is insufficient to discharge, either (i) your Monthly Repayment or (ii) any arrears due under this Agreement, will be applied
by us, firstly towards any charges due under this Agreement, secondly to discharge any interest which is due and payable, and finally towards the amount of
credit outstanding under this Agreement.
6. Termination
(a) We may, subject to sending you any statutory notices required by law, terminate this Agreement if you:
(i) fail to make any payment due under this Agreement within 14 days of its due date;
don’t have an active direct debit instruction in place to make the payments due under this Agreement or if you cancel your direct debit instruction before the
final payment is made; breach any of your other material obligations under this Agreement;
(ii) provide any information in connection with your loan application which is false;
(iii) have a bankruptcy petition or order presented against you (or its equivalent in Scotland) or have execution levied against any of your assets; or
(iv) propose or enter into a voluntary arrangement with your creditors.
(b) You may end this Agreement at any time by giving us seven days notice in writing or by telephone.
(c) We may, subject to sending you any statutory notices required by law, terminate this Agreement if your insurance policy is cancelled for any reason.
(d) If you or we terminate this Agreement under this clause 6, you must immediately pay to us the Outstanding Balance.
(e) Without limiting our rights under clause 6(d), if you fail to pay us the Outstanding Balance we may enforce our security by instructing the Insurer to cancel
the relevant insurance policy and pay any refund of the insurance premium to us, to offset against the Outstanding Balance.
7. Continuous Authority
You grant us (or have obtained authority from the cardholder to grant us) continuous authority to charge the card we have on record to process any
Outstanding Balance due under this agreement, if the agreement is cancelled or the payment isn’t received on the due date, including any charges and
interest accrued. You have the right to cancel continuous payment authority.
8. Restriction on Further Credit
We may, at any time, suspend or restrict your right to draw on any further credit under this Agreement. We’ll notify you in writing if we do this.
9. Variation of terms
We may vary the terms of this Agreement where it’s reasonably necessary for us to do so. Examples of why this may occur include to reflect changes in
banking or lending practice, to meet our legal or regulatory obligations or to reflect changes in our systems and processes, or the introduction of new
technology. Except where otherwise provided, we’ll give you at least 7 days' written notice of any change to your advantage and at least 30 days' written
notice of any change to your disadvantage.
10. Changes to Your Details
You must notify us immediately of any change to your postal and/or email address or bank details and provide us with your new details.
11. Refund of Premiums
If you become entitled to a refund of any insurance premium financed by this Agreement for any reason, including as a result of any mid-term adjustment to
the policy, we’ll credit the refund to your Account, and if there are any arrears, then we’ll pay those arrears first. If the refund exceeds the Outstanding
Balance, we’ll pay the excess to you.
12. Electronic Communications
(a) By electronically signing this Agreement, you agree to receive all communications from us and to send all communications to us by telephone, postal and/or
electronic mail at the address notified.
(b) You must notify us immediately if you no longer have an email address or no means of receiving electronic mail from us.
13. Security over Insurance Policies
(g) If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies. Law enforcement agencies may
access and use this information. We and other organisations may also access and use this information to prevent fraud and money laundering, for example,
when:
o Checking details on applications for credit and credit related or other facilities;
o Managing credit and credit related accounts or facilities;
o Recovering debt;
o Checking details on proposals and claims for all types of insurance;
o Checking details of job applicants and employees.
See our Privacy Policy if you want to obtain details of the relevant fraud prevention agencies.
15. General
(a) Definitions:
Outstanding Balance means the balance outstanding under your Account including any arrears and charges due under this Agreement.
(b) We may transfer, assign and/or charge this Agreement or our rights under it, but we won’t do so to your detriment. You may not transfer or assign your
rights or obligations under this Agreement.
(c) We may make a temporary arrangement with you not to enforce the terms of this Agreement strictly, or may grant you an indulgence without losing the right
to enforce the terms later.
(d) This Agreement and any dealings with you prior to any agreement being made shall be governed by and interpreted in accordance with English law.
(e) All communications with you will be in English.

1STCENTRAL is a trading name used by First Central Insurance Management Ltd which is authorised and regulated by the Financial Conduct Authority (firm reference number: 483296). Registered in England and Wales
(number: 6489797) at Capital House, 1-5 Perrymount Road, Haywards Heath, West Sussex. RH16 3SY.
20210601/FCF/5.1/v2.1