You’ve toured the local shops and perused the retail websites, and you’ve found the perfect item you want to buy. Trouble is, it’s quite a lot to fork out in one hit, and payday is a week or two away. So, do you walk away? Or do you wait until payday and hope that it’s still in stock?
If you shop with DivideBuy, you don’t need to do either. You simply make the first instalment and spread the cost over several affordable monthly repayments, using our interest-free credit option.
What is interest-free credit and how does it work?
Let’s say that you’ve set your heart on an item costing £600. With our interest free credit option, rather than spending out £600 in one go, you split the cost over several smaller repayments to suit your budget.
However, an important point to remember is that the price of the item is the exact price you pay, no matter how many repayments you choose to make. There is no interest on top (hence the term “interest free credit”) and we don’t impose any hidden charges. If the item cost £600, then that’s what you pay.
What are the benefits of interest free credit?
The big difference between interest free credit and loans, credit cards or ‘Buy Now, Pay Later’ is the interest – or lack of. Loans, credit cards and ‘Buy Now, Pay Later’ plans will usually charge an interest fee on top of the purchase price.
For example, that same item that cost £600, you would pay your monthly instalments plus you’d need to pay interest. Our interest free credit option means you will never pay more than the total order price.
The sensible option for savvy shoppers
In conclusion, if this sounds too good to be true, it isn’t! We operate with complete transparency at every step.
DivideBuy gives you the option of making repayments over a set number of months to suit your budget. We’ll outline the repayment schedule in plain, clear language right at the outset so you can see how much you need to repay every month.
It only takes about 60 seconds to make an application for interest free credit through DivideBuy and we give you an immediate response. Above all, thanks to the thorough checks we do, and the fact we consider your circumstances and ability to repay, we approve over 90% of all applications we receive.
View our retail partners and select DivideBuy’s interest free credit, today!