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Pay with Finance (& Terms & Conditions)

Finance is a fantastic way to spread the cost of your purchase. To make it easy we've partnered with V12 Finance whose smart technology lets you apply for and then complete the loan application quickly and entirely online. First add the items you wish to purchase to your basket. When you reach checkout select the best finance option for you and choose 'Pay with V12 Finance'. The quick application form takes no more than a couple of minutes to complete and then you'll receive an instant decision.

Interest Free Credit

We offer two interest-free options to help you spread the cost of your purchase over 10 or 12 months. For our 10 month interest free option, the value of your order needs to be over £1000 with a deposit of 10% of the value of the order. For our 12 month interest free option, the value of your order needs to be over £1500 with a deposit of 10% of the value of the order. Providing the value of your order is £1,000+, our interest free payment options will appear when selecting 'Pay with V12 Finance' during the checkout process.

£1,000 with 10 Months Interest Free
Order Value:£1,000
10% Deposit:£100
Amount borrowed:£900
Monthly repayment:£90.00
0% APR
Total amount payable:£1,000
£1,500 with 12 Months Interest Free
Order Value:£1,500
10% Deposit:£150
Amount borrowed:£1,350
Monthly repayment:£112.50
0% APR
Total amount payable:£1,500
£2,000 with 12 Months Interest Free
Order Value:£2,000
10% Deposit:£200
Amount borrowed:£1800
Monthly repayment:£150.00
0% APR
Total amount payable:£2,000
£3,000 with 12 Months Interest Free
Order Value:£3,000
10% Deposit:£300
Amount borrowed:£2700
Monthly repayment:£225.00
0% APR
Total amount payable:£3,000

Interest Bearing Finance

We offer four Interest Bearing Finance payment options to help you spread the cost of your purchase over 12, 24, 36 and 48 months. Interest Bearing Finance is available on orders £500 and over with a deposit of 10% of the value of the order. Please see the representative examples below for further information.

£500 Order Value Example
% Deposit Monthly Payments Monthly Payment Cost Total Payable
9.9% APR £50 12 Months £39.45 £523.40
24 Months £20.65 £545.60
36 Months £14.41 £568.76
48 Months £11.30 £592.40
£700 Order Value Example
% Deposit Monthly Payments Monthly Payment Cost Total Payable
9.9% APR £70 12 Months £55.23 £732.76
24 Months £28.91 £763.84
36 Months £20.17 £796.12
48 Months £15.82 £829.36
£900 Order Value Example
% Deposit Monthly Payments Monthly Payment Cost Total Payable
9.9% APR £90 12 Months £71.01 £942.12
24 Months £37.18 £982.32
36 Months £25.93 £1023.48
48 Months £20.34 £1066.32

Finance Decision

Your application will be assessed based on various factors including eligibility, credit history and affordability and V12 Finance will let you know the outcome of their decision in just a few seconds. It’s important to know that when applying for finance a hard credit check is made and this is recorded on your credit file.

Once approved, you just need to digitally sign your credit agreement, pay your deposit and then wait for your order to arrive.

In a very few cases, your application may be referred to a lender for manual underwriting. In such cases you’ll be notified by email of the credit decision within 24 hours. If you’re not approved for finance it could be for a variety of reasons. You should gain a copy of your credit file and this will be able to give you more information.

Repaying the Loan

Your first direct debit payment will be taken about 30 days after you have received your purchase. This will show on your statement as a payment to V12 Finance. You have the right to repay all or part of the loan early at any time.

Cancellation

There is a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this, you need to notify V12 Finance.

A finance agreement does not affect our standard refund and returns policy. Just contact us and we can cancel your application and V12 Finance will refund your deposit. They will let you know of any outstanding balance if applicable.

About V12 Finance

V12 Retail Finance Limited act as a credit broker and introduces to one or more lenders, for which they will receive a commission.

Secure Trust Bank PLC. Registered in England and Wales 541132. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration number: 204550. Registered Office for both: One Arleston Way, Solihull, B90 4LH.

V12 Retail Finance (V12) is a trading name of Secure Trust Bank PLC.

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