Snsbayayyagafaa
Active member
is it possible to not pay anything until the 11 month and then pay the full amount ?
buying on finance
- Thread starter Snsbayayyagafaa
- Start date
Post edited as finance deal appears to have changed.
PCSPECIALIST - Gaming PC Finance & Laptop Finance
Wide selection of laptop finance and gaming PC finance options available to help you pay monthly for your new computer with minimal deposit required. See here the finance options.
www.pcspecialist.co.uk
TomBerry
Bright Spark
Mine says I can make any or no installments up to the 12 months, if it's not fully paid for it'll take monthly payments from there with the extra interest?
I retract my previous posts as it seems the finance deal has changed since I last looked! Apologies @Snsbayayyagafaa and @TomBerry for any confusion!
I'll edit my previous posts to ensure I don't confuse anyone else.
For a £2000 example https://www.pcspecialist.co.uk/finance-results/2000/
Representative Example: Buy Now Pay Later (12 Months / 60)
Price: £2,000.00
Deposit: £20.00
Total Amount of Credit: £1,980.00
Interest Rate: 11.24% Fixed
Deferred Period: Nothing to pay for 12 months (If you pay off the remaining balance of £1,980.00 during this period no interest will be charged, however a one-off early settlement fee of £29.00 will apply).
Monthly Installments: 48 installments of £64.43 per month.
Representative APR: 16.9 % APR Representative
Total Charge For Credit: £1,112.64
Balance Payable: £3,092.64
Total Amount Payable (Inc. Deposit): £3,112.64
So from the above, you pay your deposit which looks like you can vary then there is nothing to pay for 12 months. If you want to pay off at the end of this period it would be £1980+29 to pay at month 12.
If you don't pay off the balance within this period you'll be paying £64.43 per month for 48 months (totaling £3112.64)
I'll edit my previous posts to ensure I don't confuse anyone else.
For a £2000 example https://www.pcspecialist.co.uk/finance-results/2000/
Representative Example: Buy Now Pay Later (12 Months / 60)
Price: £2,000.00
Deposit: £20.00
Total Amount of Credit: £1,980.00
Interest Rate: 11.24% Fixed
Deferred Period: Nothing to pay for 12 months (If you pay off the remaining balance of £1,980.00 during this period no interest will be charged, however a one-off early settlement fee of £29.00 will apply).
Monthly Installments: 48 installments of £64.43 per month.
Representative APR: 16.9 % APR Representative
Total Charge For Credit: £1,112.64
Balance Payable: £3,092.64
Total Amount Payable (Inc. Deposit): £3,112.64
So from the above, you pay your deposit which looks like you can vary then there is nothing to pay for 12 months. If you want to pay off at the end of this period it would be £1980+29 to pay at month 12.
If you don't pay off the balance within this period you'll be paying £64.43 per month for 48 months (totaling £3112.64)
Last edited: