OCUK Finance

Associate
Joined
15 Nov 2010
Posts
321
Hey guys, I'm looking into buying a new card and a cooler on the buy it now pay in may scheme

Anyway, the total price is £338 if I were to pay it outright but I'm confused about how much it'd cost if I paid it before the first deferred payment.

Under the if not settled within the x month deferral period typical APR 29%

Total Price £548

but 29% of 338 is only £98

Anyway, I know I'd be able to pay it off within a month and I understand that I'd have to pay the £29 admin fee but I'm unsure of which total price I'd be paying. £338 or £548

Thanks guys. Confusing!
 
£338 + £29 admin fee if paid before the end of the BNPL period.
 
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