Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay.
Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges. These payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection.
If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, to do so, please contact us directly.
Payments will start approximately one month after we have fulfilled our contract with you.
If settled in full within the deferral period, then there is no interest to pay, despite a £29 administration fee will apply. This means that you would pay the amount of credit + the administration fee.
If the loan is not settled in full within the deferral period, then interest will have accrued from the start of the agreement on any amount still outstanding at the end of the deferral period. Interest will continue to be charged until the agreement is repaid in full. Any overpayments made in the deferral period will reduce the capital carried into the payment term.
Once you enter into the payment term, Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay.
Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges, these payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection. If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, contact us directly.
The same T&Cs as the Buy Now, Pay Later for 3 Months finance options apply.
The same T&Cs as the Buy Now, Pay Later for 3 Months finance options apply.
NOT SURE WHICH OPTION IS BEST FOR YOU?
Do our double glazing finance options sound like the best way to spread the cost of your Surrey home improvements?
Then do not hesitate to get in touch now. You can call us directly on on 01252 547 365 and our team will be delighted to discuss your plans for home improvement further.
Alternatively, jump on over to our contact area and fill out the simple and easy to use contact form and we’ll be in touch.