Hitachi Finance

Finance Information

Flexible Credit for your brand new appliances

Once you've decided which product you want, you can spread the cost by selecting from one of two great finance options.

Interest bearing finance over 24, 36 or 48 months.

Or

Buy Now Pay Later over 48 months deferred for 6 months.

 

·          Available on orders over £200

·         10% deposit required

·         Visit in-store or call us on 01278 422544, and we can arrange for an application link to be emailed to you. Application

·         Credit subject to status and affordability. Terms & Conditions Apply.

 

Interest Bearing Credit

 

Interest bearing finance allows you to choose a payment period to suit you.

Spreading the cost of your purchase with equal monthly amounts at a fixed interest rate.

·         Receive your goods straight away

·         Choose a Loan Term (24, 36 or 48 months)

·         Pay a deposit (10%)

·         Fixed Interest Rate for the whole term

 

Representative Example

Cash price £1000
Deposit £100
Loan amount £900
19.9% APR representative
Interest rate 10.44% fixed
48 monthly repayments of £26.58
Total charge for credit £375.84
Total amount payable £1275.84

 

Credit subject to status and affordability. Terms & Conditions Apply.

Acland’s Radio & Tv Ltd is a credit broker Authorised and Regulated by the Financial Conduct Authority.

Credit is provided by Hitachi Personal Finance, a trading style of Hitachi Capital (UK) PLC, authorised and regulated by the Financial Conduct Authority. Financial Services Register no. 704348. The register can be accessed through http://www.fca.org.uk.

Countdown Interest Bearing Credit

 

Buy now pay later with payments deferred for 6 months**

 

Simple Buy Now Pay Later finance options allow you to spread the cost of your purchase over 48 months with an agreed deferral period.

Monthly repayments will start 6 months after signing your finance agreement.

** You can settle your agreement within the agreed deferral period and pay an early settlement fee of just £29.00.

 

Representative Example

 

 

 

 

 

 

 

Cash price £550
Deposit £50
Loan amount £500
16.9% APR representative
48 monthly repayments of £15.05
Total term of loan agreement 48 months, with the first payment deferred for 6 months
Total charge for credit £222.40
Total amount payable £722.40
£29 early settlement fee due on all BUY NOW PAY LATER options

Interest is calculated from the start of the agreement, which means that interest will accrue during the holiday period, although no payments will be taken for 6 months.

Credit subject to status and affordability. Terms & Conditions Apply.

Acland’s Radio & Tv Ltd is a credit broker Authorised and Regulated by the Financial Conduct Authority.

Credit is provided by Hitachi Personal Finance, a trading style of Hitachi Capital (UK) PLC, authorised and regulated by the Financial Conduct Authority. Financial Services Register no. 704348. The register can be accessed through http://www.fca.org.uk.

To apply for finance you need to be

·       18 or older

·       In permanent employment or retired and receiving a pension or be a house person with     a partner in permanent paid employment or be self employed

·       Be a resident in the U.K. (or a British Crown dependency if approved by Hitachi Capital PLC) for a minimum 12 months

·       Be able to provide acceptable proof of address (except where the goods and/or services are to be delivered their residential address) and proof of signature

·       Make payments by direct debit; and

·       Be purchasing the goods or services for personal use and not business use.

Permanent paid employment is classed as an occupation where you, the customer is working more than 16 hours a week; this also includes someone who is in receipt of a permanent pension or personal benefit, e.g. an invalidity or incapacity benefit.

Who is not eligible for finance?

·         Unemployed people

·         Temporary/agency workers

·         Child minders working from home, unless they have a registered child minding business

·         Foster carers (with no other paid employment) are not acceptable unless partner/spouse is in permanent employment

·         Students (other than trainee nurses and doctors) even if working 16 hours or more per week

·         Supply teachers (unless the applicants fixed term contract expires after the end of the term of the agreement)

Acceptable proofs of residency and signature

Residency - proof of residency is the main form of identification we use to confirm your residential address. We can accept one of the following:

·         Driving licence (within date) with you current residential address

·         Bank or building society statement dated in the last three months with your current residential address

·         Public utility bill dated in the last three months with your current residential address

·         Official document (e.g. pension book) with your current residential address

·         Signature - proof of signature is the form we use to confirm your signature

·         Credit or Debit card

·         Driving Licence

·         Passport

·         Police Warrant Card

·         H.M. Forces Identity Card

All documents must be in date

How do I choose to pay by Finance?

visit us in store or call us on 01278 422544.

When do my repayments start?

For Buy Now Pay Later, your monthly repayments will start 6 months from date of signing, and for Interest Bearing Finance, repayments will begin one month after you sign.

Can I request delivery to an address other than my home?

In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant, and inside the property.

Are there any arrangement fees or hidden extras for credit?

No. There are no arrangement fees or hidden extras.

 

 

FAQs

Here are some of the most commonly asked questions regarding online finance:

Once my application is approved, what happens next?

When your application is approved, you will be presented with the option to sign your credit agreement digitally. You should read the credit agreement carefully before clicking all the relevant sections agreeing to its terms. Once you have agreed to the terms of the credit agreement we will be notified and you need do nothing more.

Will you credit score me and if so, what does this mean?

Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies. This information allows us to produce consistent decisions, ensuring all our applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.

If you decline my application, what is the reason?

In addition to credit scoring, we also take into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though we are unable to provide you with a main reason for decline of your application, it is usually based on one, or a combination of the following:

· &a

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