Finance Options available at Colin M Smith
Pay Monthly (Interest Bearing Credit)
Spread the cost of your purchase with equal monthly
amounts at a fixed interest rate.
- Receive your goods straight away
- Choose a Loan Term (24, 36 or 48 months)
- Pay a deposit (optional)
- Pay smaller monthly repayments spread over your chosen Loan Term
- Fixed Interest Rate for the whole term
The table below shows you how much monthly repayments will be based on the total order value.
| Order Value |
Term (Months) |
Deposit |
Monthly Payments |
|---|---|---|---|
| £300 | 24 | £30 (10%) | £13.52 |
| £600 | 24 | £60 (10%) | £27.04 |
| £1,200 | 36 | £120 (10%) | £39.20 |
| £2,000 | 48 | £200 (10%) | £53.15 |
Interest Bearing Credit Representative Example
Cash Price
£400
Deposit
£40 (10%)
Loan Amount
£360
Representative APR
19.9%
Interest Rate
19.9% fixed
36 Monthly Repayments of
£13.07
Total Term of Loan Agreement
36 Months
Total Charge for Credit
£470.52
Total Amount Payable
£510.52
Early Settlement Fee
£29
Buy Now Pay Later (Countdown Interest Bearing Credit)
Receive your goods straight away. 0% APR with a
repayment holiday period.
- Receive your goods straight away
- Choose a Defer Term before your first payment (6 or 9 months)
- Pay a deposit (optional)
- Don't pay anything else for the Defer Term (0% APR Interest)
- Pay smaller monthly repayments spread over 48 months
The table below shows you how much monthly repayments will be based on the total order value.
| Order Value |
Total (Months) |
Term (Months) |
Defer Term (Months) |
Deposit |
Monthly Payments |
|---|---|---|---|---|---|
| £300 | 54 | 48 | 6 | £30 (10%) | £8.13 |
| £500 | 54 | 48 | 6 | £50 (10%) | £13.55 |
| £1000 | 57 | 48 | 9 | £100 (10%) | £28.17 |
| £2000 | 57 | 48 | 9 | £200 (10%) | £56.33 |
Countdown Interest Bearing Credit Representative Example
Cash Price
£400
Deposit
£40 (10%)
Loan Amount
£360
Representative APR
16.9%
Interest Rate
16.9% fixed
48 Monthly Repayments of
£11.27
Total Term of Loan Agreement (deferred for 9 months)
57 Months
Total Charge for Credit
£540.96
Total Amount Payable
£580.96
Early Settlement Fee
£29
If you require any further information about our finance options please call us on 01307 464187
