Who can use our Finance Solution?
- You must be 18 years old or over.
- In regular full or part time employment (minimum 16 hours per week, unless you are retired or a houseperson with a spouse in full time employment).
- Be a permanent UK resident and able to supply a UK address history for the last 3 years.
- You must have a UK bank account capable of accepting Direct Debits.
- No adverse credit history (no CCJs, IVAs or bankruptcies).
- The deposit must be paid using a credit or debit card.
- The Goods must be delivered to your home address.
How to Apply
Simply add the product you want to your shopping cart and checkout in the normal way – if the products you are ordering qualify for finance you will see a representative example on the product and basket screens. You can apply for finance on either the Basket and Payment pages.
On the Basket page you will see aPay4Later box where you can vary the term of your finance and the deposit. Feel free to adjust these as you wish. If you would like to apply for finance immediately simply click in the grey 'FAST CHECKOUT AND APPLY HERE' area at the bottom of the box – you will be taken to the Pay4Later application page.
On the Payment page choose 'Pay4Later' as your payment method – a box will appear where you can choose your finance term and deposit. When you have chosen these, press CONFIRM at the bottom left of the screen – after confirming your order you will be taken to the online application.
How long does it take to Apply?
Typically less than 3 minutes. Your application is then instantly sent to the finance company and they will typically respond with their decision in around 10 seconds.
Some applications may take longer to process. If for any reason an instant decision cannot be made, we'll send you an email the moment the finance company makes a decision.
How are my Monthly Payments Paid?
Directly from your nominated bank account. The first payment is due One Month after the date of the Finance Agreement and subsequent payments will be due on that date each month.
What Can I Purchase?
Any products from our website,as long as the value in your basket is greater than £277.78 and less than £15,000.
Can I Pay My Agreement off Early?
Yes, your Credit Agreement will explain how.
Will the finance company perform a credit check?
Yes. A credit check forms part of the automated decision making process and is part of a responsible lending policy.
What if I have bad credit?
The finance company uses an automated credit check as part of its decision making process. If you have an adverse credit record it may affect the decision. To give yourself the best chance of acceptance, please ensure you complete the credit application form correctly. Please don't apply for credit unless you're sure you will be able to comfortably repay it.
Power Computing's consumer credit service is provided by Pay4Later in association with Logical Finance.
Who is Pay4Later?
Pay4Later is licensed by The Office of Fair Trading (Consumer Credit Licence: 0616240). For more information please visit http://www.pay4later.com/.
Who is Logical Finance?
Logical Finance is licensed by the Office of Fair Trading and a member of the Finance and Leasing Association. For more information please visit http://www.logicalfinance.co.uk/.