BuyNowPayLater Interest Free Finance Scheme
Spread the price of your purchase at no cost to you
Buy now – Pay later
What you get
• No interest
• Deposit optional
• Term: Your choice of 6, 10 or 12 months.
What you pay
• Admin fee of £29 at end of the period when you pay off the financed amount. (For purchases over £3000 Oxford Audio will deduct the cost of the fee from the total purchase price).
Simple to apply
• It’s very easy to apply; it typically takes 10 minutes to complete the online application.
During the deferred period you pay nothing with NO INTEREST to pay and then pay the total amount borrowed plus admin fee in one lump sum before the end of the deferred period.
So whether you’re looking for a stereo, streamer, speakers, headphones, etc we can help.
NO ADMIN FEES FOR PURCHASE OVER £3000. MINIMUM PURCHASE: £500.
The BuyNowPayLater Scheme is primarily designed for full payment before the end of the Initial 6, 10 or 12 month deferred period. However there is the extra flexibility of not paying in full - this is detailed in the Contract.
The Contract states:
* If you don’t pay off the loan before the end of the initial deferred period then interest will be charged backdated to the start of the initial period.
* The amount of the monthly payment for the secondary period of 48 months is stated on the assumption that nothing was paid before the end of the initial 12 month deferred period. It is therefore the maximum possible payment liability.
* It is a 59 month agreement @ 29.8% per year. 48 payments must be made starting after the initial deferred 12 months. You have the option of full repayment + £29 fee before the end of the 12 month initial period. In which case there is no interest to pay.