Can I get interest free credit?
Our credit facilities are subject to the credit lender’s Terms & Conditions.
The following is a list of criteria necessary to qualify for a Personal Finance Loan when making a purchase at Bedrooms & Beds.
- You need to be aged 18 years or over
- You must have a bank or building society account
- You must be a permanent UK resident (and have been living in the UK for at least 12 months)
- You need to be in permanent paid employment, self-employed or retired with a pension
- You must have a good credit history
It will also be helpful if you have the following information to hand when applying for a loan;
- Annual income
- Employment details
- Bank account details
- Last 5 years address history
How much do I need to spend to qualify for Interest Free Finance?
If you are spending over £500 anywhere in store you can spread the cost with 12 easy interest free monthly payments*.
If you are spending over £1,000 anywhere in store you can spread the cost with 24 easy interest free monthly payments*.
*0% APR. Subject to status and minimum spend on participating departments. Other exclusions apply.
Interest Free Credit Examples
Buy for £500 for only £41.67 a month for 12 months.
Buy for £1000 for only £83.34 a month for 12 months.
Buy for £1,000 for only £41.67 a month for 24 months
Buy for £1500 for only £125.01 a month for 12 months.
Buy for £1500 for only ££62.50 a month for 24 months.
BUY NOW / PAY LATER interest bearing finance
Bedrooms & Beds can also offer furniture with payment deferred for 12 months. E.g. buy April 2015 and pay nothing until April 2016..!
The repayment period is then 36 months.
The interest rate charged is 19.90% APR and is subject to the usual terms and conditions.