OCUK Finance

BigRazer93 · 23 Oct 2009 at 10:06

Hello, i've had a quick look at the finance on ocuk. I would pick the 36 months one.
APR 19.9% (variable)
Order Value (Inc. delivery & VAT) £1,000.00
Deposit (10%) £100.00
Loan Amount £900.00
Total Charge for Credit £276.12
Balance Payable £1,176.12
36 monthly repayments of £32.67
Total Payable £1,276.12

Note: When calculating the 10% deposit, the amount you pay may be slightly more than 10% as the figure is adjusted to give rounded loan amounts.

Does this mean I can only lend 1k or is it an example?

BigRazer93 · 23 Oct 2009 at 10:11

Nvm, its an example

EddScott · 23 Oct 2009 at 10:57

Isn't there also a £45 fee?

Mikey · 23 Oct 2009 at 12:33

If I do the finance, it'll be 0% and paid off very quickly. I'm looking at circa £700

unknownsock · 23 Oct 2009 at 13:40

Did this myself, from another competitor,
All you pay is the admin fee, +10% (Approx).
No hidden charges etc.

Although just remember to pay it off within the 0% interest period, or you will pay a tonne back.