If you spend £280 or more on the website, you will be eligible to apply for our Interest Free Finance option, meaning you can buy today and pay the balance over 6 or 12 months (minimum of 10% deposit required).
How does it work?
- Add products to basket - Find the products that you would like to purchase and add them to your shopping basket.
- Checkout - If the basket total is more than £280 you will be offered the option of using Pay4Later at the checkout. This is in addition to our normal payment methods that include credit/debit cards and PayPal.
- Credit Application - If you choose to finance your purchase you will be directed to a secure application process on Pay4Later's servers. You will be given the choice of 2 schemes. A calculator will be provided that will show the repayments and interest rates associated with the scheme you have selected. If you are approved for finance you will need to have your credit card ready to leave a deposit (minimum of 10%). You can then pay the remainder as monthly payments, with a loan duration of your choice.
How much does it cost?
It depends on the scheme that you select when making the credit application. If you choose the 0% finance option then you pay no interest on your purchase. The monthly costs will be clearly shown to you in the application process so that you can decide on the scheme that best suits your needs.
Based on: Agreement duration 6 months. Rate of Interest (Fixed) 0%. 0% APR Representative.
- Purchase price £499.00
- 10% Deposit £49.90
- Amount of Credit £449.10
- 6 Monthly Repayments of £74.85
- Total Repayable £499.00
Full finance details, including actual monthly repayments and total cost are shown within the application process.
Can anybody apply?
Unfortunately applications from students, unemployed and single house persons will not be considered by Pay4Later.
If you would like to read more about our finance option, then please visit our Finance page for further information.