Finance Options available at Colin M Smith
Welcome to Colin M Smith, your go-to independent electrical retailer in Angus and Dundee. We are proud to announce that we are now offering Novuna Consumer Finance as a convenient and flexible payment option for our valued customers.
At Colin M Smith, we understand that purchasing new appliances or electronics can be a significant investment. That's why we have partnered with Novuna Consumer Finance to provide you with a range of payment options that suit your needs and budget.
With Novuna Consumer Finance, you can take advantage of our Buy Now Pay Later options of 6 months or 9 months. This means you can enjoy your new appliance or electronics now and pay for it later. Alternatively, you can opt for our easy to manage pay monthly options, where you can spread the cost over a longer period of time.
Applying for Novuna Consumer Finance is quick and easy. You can apply in-store and complete the application process either in-store or in the comfort of your own home, and receive a decision within minutes.
By choosing Novuna Consumer Finance, you can enjoy a range of benefits, including:
- Flexible payment options: Choose the payment plan that suits your needs and budget.
- Quick and easy application process: Apply in-store or online and receive a decision within minutes.
- Manage your Novuna account online: You can track your payments and manage your account online, making it easy to stay on top of your finances.
At Colin M Smith, we are committed to providing you with the best possible service and support. That's why we have partnered with Novuna Consumer Finance to offer you a convenient and flexible payment option.
So why wait? Visit us today and take advantage of our Buy Now Pay Later options of 6 months or 9 months, or our easy to manage pay monthly options, and get the home appliances or electronics you need today!
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
