Finance Information

Finance Information

Finance Information

How do I buy something via the finance option?

Simply add your PC to the basket and proceed to checkout as normal. At the payment option page on step3 of the checkout select to pay via Pay4Later. You will be transferred to a secured and encrypted server where you can fill in the application form. Now choose which finance term you’d like to apply for, and change your deposit if you wish. The whole process takes about 10 minutes and completed securely online. You will find out if the application has been successful after just 10 seconds. There are no forms to sign! If your finance application is accepted and you pay the deposit, your order will come through to us.

Finance Calculator
Use the calculation tool below to work out your finance cost.

Total order :
£
Credit Period :
Deposit Percentage :
Deposit Amount :
Loan Amount :
Total Interest :
Monthly Payments :
Total Payable :

Please note we can only ship to the billing address you use in your application for security reasons. Minimum purchase amount £250

To apply for finance you must meet the following criteria:

– You must be over 18 years of age.
– You must be a UK resident with at least 3 years continual address history.
– You must be in full time employment, unless retired or a house person with a spouse in full time employment. – You must have a UK bank account capable of accepting Direct Debits.
– The goods must be delivered to your home address.

Example Finance Option:

Cash Price £1999
Deposit £199.00 (10%)
Amount of credit £1799.10
Payable by 24 monthly installments of £89.76
Total Interest Payable £355.24
Amount Repayable £2154.34
Typical APR 19.5%

What length of repayment is available?

You can choose a 12, 24, 36 or 48 month loan repayment period.

Is a deposit required?

Yes, on our classic credit option a 10% deposit is payable by credit or debit card upon acceptance.

Can I pay my agreement off early?

You have the right under section 94 of the Consumer Credit Act 1974 to repay early in full or in part at any point. If you wish to pay any amount early you must give notice to the credit provider, by telephone on 0845 850 9961. Unless you repay in full, any early repayment you make will not reduce the duration of the agreement.

How are my monthly payments paid?

All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the date of the finance agreement and subsequent monthly payments will be due every month for the length of your term on that day of the month.

Consumer credit service provided by Pay4Later in association with Close Brothers Retail Finance, Dee House, St Davids Park, Flintshire, CH5 3XF, Telephone: 0844 880 6542
Pay4Later is licensed by The Office of Fair Trading (Consumer Credit Licence:0616240). For more information please refer to our frequently asked questions or visit http://www.pay4later.com