Finance Explanation and Representative Example

Interest-Free Finance Example

Up to 48 months 0% APR representative interest-free finance

Spread the cost with our interest-free finance available online and in-store.

Our simple finance options allow you to spread the cost of your purchase up to 48 months.

All you need to do is:

Spend a minimum £1670 and above
Place a 10% deposit
Minimum finance amount after deposit £1500 and above

We offer several finance options to help you spread the cost of your purchases.

The table below gives examples of monthly repayments based on the total order value. More finance options may be available at checkout.

Order Value	Term (Months)	DEPOSIT (10%)	Monthly Payments	Representative Example: *Cash Price £1670.00* *Deposit £167.00* *0% APR representative* *Interest rate 0% fixed* *Number of Payments 12* *Monthly Payment £125.25* *Total Amount payable £1670.00*
£1670	12	£167.00	£125.25
£3000	12	£300.00	£225.00
£1670	18	£167.00	£83.50
£3000	18	£300.00	£150.00

Credit subject to status and affordability. Terms & Conditions Apply. Waite and Son (Jewellers) Ltd are a credit broker and are Authorised and Regulated by the Financial Conduct Authority.

Credit is provided by Novuna Personal Finance, a division of Mitsubishi HC Capital (UK) PLC Authorised and Regulated by the Financial Conduct Authority.

For help with your finance please call (0)1242 516 238

Finance FAQ Text

How do I choose to pay by finance?

Just select the finance option on the checkout page or let the sales consultant know if you're buying in our showrooms.

Who is eligible to apply for online finance?

To apply for finance, you must be over the age of 18, work at least 16 hours a week, or be retired with an income. You must also be a resident of the United Kingdom and have lived in the UK for the last 12 months or more. Unfortunately, we are unable to offer online finance to residents of Eire. Homemakers aren't excluded from applying under their own names; however, we will require the employment details of your spouse in order to process your application.

When do my repayments start?

Your monthly repayments will begin one month after your credit agreement has been signed.

Are there any arrangement fees or hidden extras for credit?

No. There are no arrangement fees or hidden extras.

Applying for online finance

When you buy online from Waite and Son (Jewellers) Ltd you have the choice of applying for instant finance by adding your purchase to the shopping basket, selecting the option to pay by finance, and completing a finance application form.

The whole process only takes a few minutes and is simple and secure. Once your finance application is approved, you will receive an e-mail advising you of how to download the finance agreement. Please read this carefully checking that all the details are correct, then either e-sign the agreement, if offered, or print and sign the finance agreement twice.

Following receipt of your finance agreement and a few additional checks, your goods will be dispatched.

Applying for online finance couldn't be easier or more convenient. Once you've chosen the products you'd like to purchase, simply complete a brief online application form accessed via the 'checkout'. Just follow the simple instructions, enter your personal details as required and we'll do the rest.

Your questions answered

Here are some of the most commonly asked questions regarding online finance.

Can I use a promotional code with finance?

Yes, once a promotional code is applied, you can preview available finance terms at the checkout step. Promotional codes will alter the length of the finance term available to you.

Once my application is approved, what happens next?

Within minutes of your application being approved, you will be presented with the option to sign your credit agreement. If you are offered the ability to e-sign your credit agreement and choose to do so, a PDF of your credit agreement will be displayed on screen. You should read the credit agreement carefully before clicking all the relevant sections agreeing to its terms. Once you have agreed to the terms of the credit agreement Waite and Son (Jewellers) Ltd will be notified and you need do nothing more. If you are presented with the ability to print and return your credit agreement you should print the PDF agreement, read it carefully and then sign the document following the instructions on the covering letter. This signed document should then be posted to the address shown on the covering letter of the credit agreement.

Note that products will not be allocated to your order until your completed and signed agreement is returned and received by Novuna Personal Finance. Shipment of your goods will follow soon after your completed agreement has been returned.

Will you credit score me and if so, what does this mean?

Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies. This information allows us to produce consistent decisions, ensuring all our applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.

If you decline my application, what is the reason?

In addition to credit scoring, we also take into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though we are unable to provide you with the main reason for the decline of your application, it is usually based on one, or a combination of the following:

Your credit score (note that every finance company will score you differently)
Adverse credit reference agency information
You are considered to be overcommitted
You are aged under 18
Your existing account performance with other lenders

What type of information do credit reference agencies hold about me?

Some of the information is public information, for example, electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.

How do I obtain a copy of this information?

You should send a cheque for £2.00 made payable to the relevant company, together with details of all addresses at which you have lived over the last 6 years:

Consumer Help Desk Experian Limited PO Box 8000 Nottingham NG1 5GX
Equifax Ltd., Credit File Advice Centre. PO Box 1140. Bradford, BD1 5US
Consumer Services, Callcredit Limited, PO Box 491, LEEDS, LS3 1WZ

The above-listed agencies will provide details of information relating to these addresses. If you believe that the information is incorrect, you can ask the agency to correct it.

If my application is not successful, can I re-apply?

Yes. We acknowledge that your circumstances change and just because we have refused a previous application, it does not mean that we'll automatically turn down a further request. We do suggest, however, that you leave at least 6 months between applications.

Can I request delivery to an address other than my home?

In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the address of the applicant provided with the finance application.