SNAP! finance Explanation and Representative Example
We offer convenient financing options with flexible terms up to 48 months, with weekly or monthly payment options. Loans are available from £250 to £7,000, with a minimum customer deposit of £50.00. Representative 19.9% APR
All Snap Finance loans come with the Pay in 4 option! If you repay the full amount back in 4 monthly instalments then any interest will be cancelled. If payday is right around the corner but your purchase can’t wait, let Snap pay for it, then settle within 4 months!*
*Interest is charged from the day your loan starts and will only be cancelled if you pay off the whole balance within the Pay in 4 period.
Representative Example: Cost of Goods £1200, Deposit £50, Amount of Credit £1150, Annual Fixed Interest Rate 18.26%, Monthly Payment £34.05, Term 48 months, Total Payable £1684.40, Representative 19.9% APR
Midlands Hot Tubs is authorised and regulated by the Financial Conduct Authority (Firm reference number 123456). We are a credit broker, not a lender, and offer credit facilities from Snap Finance Ltd. Snap Finance Ltd act as the lender. Credit Subject to status. Terms and Conditions apply.
Snap Finance Ltd is a company registered in England and Wales. Company Number 08080202 Registered address: Snap Finance Ltd, 1 Vincent Avenue, Crownhill, Milton Keynes, MK8 0AB
Novuna Finance Explanation and Representative Example
Interest bearing credit—Choose to pay for your goods using finance and pay interest on the amount borrowed alongside your monthly charge to pay the balance. The agreement can be taken over 24, 36, 48 and 60 months and the interest is 9.90% APR.
Buy now, pay later — Defer your first monthly payment for 12 months from your delivery date. After this deferred period, you pay the balance over the remaining three years, with incurring interest of 19.90% APR. The repayment term is 48 months. A £29 fee is payable by customers who settle their amount within the deferred period.
Interest free credit—Pay a 50% deposit at the time of purchase with the interest free credit option for either a 12 or 24 month term. Your hot tub must be a minimum value of £5,999.
Midlands Hot Tubs is a trading name of Midlands Hot Tubs Limited
Company registration number – 10233418 | VAT registration number – 269849825
Registered address – Grangewood Garden, Bonehill Road, Tamworth, Staffordshire, B78 3HP
Authorised and Regulated by the Financial Conduct Authority
We are a Credit Broker and not a Lender
We offer Credit Facilities from one Lender
*Credit is subject to status. Current rates as at May 2020. Written quotations available on request