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Close Brothers: Consumer Finance

Flexible online payment option now available on www.bunneysbikes.com

We are pleased to announce a new partnership with leading online finance provider: Close Brothers

Using Close Brothers "instant decision “you will be able to apply for credit online when you spend £300 or more on this website and you will be given a choice of credit payment options at checkout:

6 months Interest Free Credit (0% APR) for purchases £300+

10 months interest Free Credit (0% APR ) for purchases £500+

12 months Interest Free Credit (0% APR) for purchases £600+

How does this work?

1. Add products to basket - Find the products that you would like to purchase and add them to your shopping basket.

2. Checkout - If the basket total is more than £300 you will be offered the option of using Pay4Later at the checkout. This is in addition to our normal payment methods that include credit/debit cards and PayPal.

3. Credit Application - If you choose to finance your purchase you will be directed to a secure application process on Pay4Later's servers.

There is a choice of 3 schemes.

 Repayments and interest rates associated with the scheme you have selected are shown on the calculator provided.

 If you are approved for finance you will need to have your credit card ready to leave a deposit (minimum of 10%). You can then pay the remainder as monthly payments of your choice.

 

What does it cost?

This depends on the scheme you selected when making the credit application. If you choose the 0% finance option then you pay no interest on your purchase. The monthly costs will be clearly shown to you in the application process so that you can decide on the scheme that best suits your needs.

For example

Bicycle @ £499.

Based on: Agreement duration 6 months. Rate of Interest (Fixed) 0%. 0% APR Representative.

Purchase price £499.00

10% Deposit £49.90

Amount of Credit £449.10

6 Monthly Repayments of £74.85

Total Repayable £499.00

 

Full finance details, including actual monthly repayments and total cost are shown during the application process.

 

What if I have a bad credit score?

 

The Close Brothers application process will check your credit record when submitting your application.

 If your credit score is poor your application may be referred to an underwriter or even declined. If you feel this was in error then we recommend contacting Citizens Advice who will be able to help you understand your credit history and correct any errors.

Sorry applications from students, unemployed and single house persons will not be considered.

Will this application leave a footprint on my credit record?

Yes

What happens if my credit application is rejected?

Don't worry you will be able to return to checkout and use a credit or debit card, or PayPal to complete your purchase.

What about if I have a question or issue with my credit application?

Please contact Pay 4 Later

Standard Information and Regulatory Status of Bunneys Bikes limited, Close Brothers Retail Finance

Bunneys Bikes Limited

Bunneys Bikes Limited 97 Carrington Street Nottingham NG1 7FE, are licensed by the Financial Conduct Authority (Firm Reference Number 716323).

Loan agreements are only available to UK residents over 18, subject to status, terms and conditions apply (see above).

Close Brothers Retail Finance

Close Brothers Retail Finance is a trading style of Close Brothers Limited — a subsidiary of Close Brothers Group plc. Close Brothers Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. For more information please visit www.closebrothersretailfinance.co.uk.

We may pay brokers some consideration if they introduce business to us.

Bunneys Bikes Limited with the Close Brothers Retail Finance as lender.