Interest Free Credit

Interest Free Credit

With Interest Free Credit you can now have the choice of spreading your payments over 12, 24, 36 or 48** months depending on the value of your purchase.

Available in-store only, our 0% finance options allow you to spread your payments over convenient interest free installments. Finance is available to UK residents on selected items priced from £500, and all you pay when you order your item(s) is a specified % deposit, which is determined by the length of credit you choose (see table below for details). Finance is not available on pre-owned watches, sale items and selected brands (see Rolex T&C’s), and term length restrictions may apply on certain products.

To apply for credit at one of our stores you will need a driving license/passport, proof of your current address and a debit/credit card with a proof of signature. Please enquire in-store for further information and a full list of T&C’s.

The table below shows how this works based on the minimum spend.

Term Minimum
Spend
Deposit
Amount
Min Credit
Balance
12 Months £500 10% £50
24 Months £1,000 15% £150
36 Months £1,500 20% £300
48 Months £1,500 25% £375

** We do not offer the 48 month interest free credit option on ANY Rolex models.

Interest Free Credit & Rolex?

We require a minimum deposit on 20% on all Rolex pieces.

  • We offer up to 24 months IFC on steel professional models.
  • We offer up to 36 months IFC on all other Rolex models.

One of our ambassadors in store would be happy to discuss this in more detail with you.

Why choose interest free credit?

An interest free credit payment plan from David M Robinson is an affordable way of paying for those luxurious and individual pieces. Available on a wide selection of products from interest free watches to our stunning collection of jewellery, interest free credit means you have the freedom of spreading the payment of your David M Robinson purchase over a period of time.

Whether you are giving someone special a gift that they will remember forever or treating yourself, saving up for those timeless moments in life is effortlessly achievable with our monthly payment plans for interest free engagement rings, jewellery and watches.

How will my interest free credit payment plan work?

Depending on the value of your order, our payment plan is divided into different monthly options. Choose to spread the value of your David M Robinson purchase over 12, 24, 36 or 48 months (exclusions apply). As our payment plans are all interest free, the total amount repayable is simply the cost of your order, making it both an easy and affordable way of investing in luxurious jewellery and watches.

Interest free credit on all other watches and jewellery?

The terms of the interest free credit we provide varies by brand and model. Our ambassador will always be happy to discuss the various options that are available to you.

Our monthly payment options include everything from jewellery and interest free watches to our stunning selection of interest free engagement rings. With four monthly payment plans to choose from, there is an option to cater to any budget.

Disclosure

Credit subject to status and affordability. Terms & Conditions Apply. David M Robinson Ltd are a credit broker and are Authorised and Regulated by the Financial Conduct Authority.

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

Finance FAQs
  • 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 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 purchase has been delivered.

  • Are there any arrangement fees or hidden extras for credit?

    No. There are no arrangement fees or hidden extras.

    Credit subject to status and affordability. Terms & Conditions Apply. David M Robinson are a credit broker and are Authorised and Regulated by the Financial Conduct Authority.

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

  • Applying for online finance

    When you buy online from David M Robinson you have the choice of applying for instant finance by adding your purchase to the shopping basket, selecting the option to PaybyFinance, 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. Post the document to the address shown on the finance agreement.

    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, entering your personal details as required and we’ll do the rest.

  • 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 David M Robinson 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 Hitachi Capital. Shipment of your goods will follow soon after your agreement has been returned to our finance company.

  • Will your 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 a main reason for 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 credit reference agency, together with details of all addresses at which you have lived over the last 6 years:

    • Experian Limited, Customer Support Centre, PO Box 9000, Nottingham, NG80 7WF
    • Equifax Ltd., Customer Service Centre, PO Box 10036, Leicester, LE3 4FS
    • Callcredit Limited, Consumer Services, 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 home address of the applicant.