Countdown Interest Free Credit
Countdown Interest Free Credit is more commonly known as a Buy Now Pay Later option i.e. the customer is given a holiday period at the start of their agreement before making Interest Free payments. This type of promotional finance offer is very attractive and is used primarily in the furniture and home improvement sectors.
How it works for the customer
- 0% APR which means there’s no interest to pay
- There is a payment holiday at the start of the agreement
- The customers first payment will be stated on their agreement form and will take place after the holiday period
- The customer can settle their agreement at any time
- If the customer does not settle within the payment holiday they will then make equal monthly repayments
How it works for you
- We offer a range of payment and deferral terms for Countdown Interest free Credit on purchases between £500 and £25,000.
- A subsidy will be charged for offering this type of finance product.
