Buy Now Pay Later lets you defer your payment for up to 12 months*. That way you can get the use and value out of your purchases now, but pay for them at a later stage, to help you manage your budget.
A Minimum of 25% Deposit is required to qualify for the buy now pay later finance and the length of the deferral available is subject to the order value:
*For orders up to £5,000 up to 9 Months Buy Now Pay Later available, Orders over £5,000 available on up to 12 Months Buy Now Pay Later
It is important to note that use of this service incurs a £29 exit fee which is added to your total amount of credit, final balance can be settled at anytime in the deferral period, or if more convenient you can pay it off in chunks over the deferral period at no extra charge.
Interest Rate: If you repay the balance of this plan in full before the end of the Buy Now, Pay Later deferred Period, no interest will be charged.
If you choose not to pay off any remaining balance by the end of the deferral period, the balance carries over to 60 Month repayment plan at the end of the Buy Now, Pay Later Period. Interest of 16.9% per annum (variable) will be back-dated to the date of the transaction. Any payments you make towards the balance before the end of the Buy Now, Pay Later Period will be taken into account when calculating the interest due.
This interest will be added to the Normal Plan at the end of the Buy Now Pay Later Period, and you will be asked to repay it, through your minimum repayment, over the 60 month period. (See Representative Example Below). Additional/increased monthly payments can be made to either reduce this term/decrease the monthly payment.