Who can use our Finance Solution?
- You must be 18 years old or over.
- You must be in paid employment or have a regular income (minimum 16 hours per week or £6,000 per annum, unless you are retired and receiving a private / company pension or in receipt of disability allowance)
- 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.
- You must supply an email address so that the documentation can be emailed to you.
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 a Deko 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 FINANCE - APPLY NOW - CLICK HERE' area at the bottom of the box – you will be taken to the Deko application page.
On the Payment page choose 'Deko' 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 direct debit payment is due 14 days after the date of the Finance Agreement and subsequent payments will be due on that date each month.
There is a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this please contact us (your retailer) directly. We can cancel the application on your behalf. There is no need to contact Deko or your lender.
A payment plan does not affect our standard refund and returns policy. Just contact us and we’ll cancel your application and the lender will refund your deposit and let you know of any outstanding balance if applicable.
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 Deko in association with Omni Capital Retail Finance.
Who is Deko?
Deko is a trading name of Pay4Later Ltd which acts as a credit broker and not a lender. It is registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (registration number 728646). For more information please visit http://www.dekopay.com/.
Power Computing Ltd is authorised and regulated by the Financial Conduct Authority (registration number 675348) and acts as a credit broker and not a lender. Finance is provided through the Deko platform by Omni Capital Retail Finance Limited. Omni Capital Retail Finance Limited is authorised and regulated by the Financial Conduct Authority (registration number 720279) and is a member of the Finance and Leasing Association. For more information please visit http://www.omnicapitalretailfinance.co.uk/