ocuk finance

[muon]

Why have you signed up for a finance agreement if you do not understand the terms and conditions?

Well credit agreements have a cooling off period, so he could have always cancelled it.

 

[Castiel]

if any1 has used the finance need some info

i just got my agreement form for the amount of credit hitachi gave me 1439.02 but
total amount payable is 2828.57 with 36 monthly payments of 74.13so

so if i pay 1439.02 before my deferred first payment date does that mean i dont need to pay the total amount

If it is the 12 month interest free deferred option then ss long as you pay the £1439.02 before the anniversary date given to you then you will pay no interest and therefore the total amount payable will be £1439.02 and not £2828.57 as that will only apply if you do not pay the principle by that time.

There is also normally an admin charge of 1% or so when paying this way. Edit: just seen the £29 admin fee.


Btw, I did this and it is easy and means you can earn interest on the money for 12 months which is significantly more than £29. Just pay it before the end of month 12 and you will be fine.