Interest Free Credit

 

Our 0% interest free credit is available in your Homemaker store Guernsey*.

What do I need to do to apply for interest free credit?
Once you have decided on your purchase, we will advise you on the monthly repayments for each length of term. If you are happy to proceed we will complete an online application in store.
You will need to provide us with a Channel Island Co-operative Society share number and either a driving licence or passport.
Our aim is to respond within one hour of completing the application.

How much can I spend?
A minimum order of £150 is required to take advantage of our interest-free offer. There is no maximum spend but any purchases over £5000 might require additional information such as proof of income and a utility bill.

Is there a minimum period for interest-free finance?
The minimum period for interest-free finance is 6 months.

Is there a maximum period for interest-free finance?
The maximum period for interest free finance is 48 months on all products other than electrical goods. There is a maximum period on electrical goods of 24 months.

Do I need to pay a deposit?
We do not ask for a deposit unless the purchase is a special order. All special orders can be confirmed on interest-free finance with a minimum deposit of 10%. (Special orders are one off orders that sit outside of our core product range) If you would like to reduce the monthly repayments by paying a deposit we can accommodate interest free finance on the balance.

Are there any arrangement fees or hidden charges?
No, you don't pay any extra to finance your purchase with us.

When do I start paying back the finance?
Once the agreement has been confirmed the repayments will commence within 40 days of delivery or collection. We will look to confirm a convenient date that coincides with your regular direct debits, such as the day your wages are paid.

Repayment calculator:

1

Enter the amount that you wish to spend.

£
2

If you wish to pay a deposit, please enter the amount.

£
3

Select the duration of the interest-free credit.

4

Click the button to see how much you will pay per month.

 *Subject to status