Interest Free Credit Plan Examples
With Interest Free Credit you can now have the choice of spreading your payments over 12, 24 or 36 months depending on the value of your purchase. See some examples below:
RRP – £500
|
| Deposit (20%) |
£100 |
| Terms | Monthly Installments |
| 12 months |
£33.33 |
| 24 months |
£16.66 |
| 36 months |
£11.11 |
| Interest |
0% |
| Total amount payable | £500 |
RRP – £1,000
|
| Deposit (20%) |
£200 |
| Terms | Monthly Installments |
| 12 months |
£66.66 |
| 24 months |
£33.33 |
| 36 months |
£22.22 |
| Interest |
0% |
| Total amount payable | £1,000 |
RRP – £1,500
|
| Deposit (20%) |
£300 |
| Terms | Monthly Installments |
| 12 months |
£100.00 |
| 24 months |
£50.00 |
| 36 months |
£33.33 |
| Interest |
0% |
| Total amount payable | £1,500 |
RRP – £2,000
|
| Deposit (20%) |
£400 |
| Terms | Monthly Installments |
| 12 months |
£133.33 |
| 24 months |
£66.66 |
| 36 months |
£44.44 |
| Interest |
0% |
| Total amount payable | £2,000 |
RRP – £2,500
|
| Deposit (20%) |
£500 |
| Terms | Monthly Installments |
| 12 months |
£166.66 |
| 24 months |
£83.33 |
| 36 months |
£55.55 |
| Interest |
0% |
| Total amount payable | £2,500 |
RRP – £3,000
|
| Deposit (20%) |
£600 |
| Terms | Monthly Installments |
| 12 months |
£200.00 |
| 24 months |
£100.00 |
| 36 months |
£66.66 |
| Interest |
0% |
| Total amount payable | £3,000 |
RRP – £4,000
|
| Deposit (20%) |
£800 |
| Terms | Monthly Installments |
| 12 months |
£266.66 |
| 24 months |
£133.33 |
| 36 months |
£88.88 |
| Interest |
0% |
| Total amount payable | £4,000 |
RRP – £5,000
|
| Deposit (20%) |
£1000 |
| Terms | Monthly Installments |
| 12 months |
£333.33 |
| 24 months |
£166.66 |
| 36 months |
£111.11 |
| Interest |
0% |
| Total amount payable | £5,000 |