Detailed in this blog post, the new scheme is provided in partnership with V12 Retail Finance Limited and is in tandem with conventional finance options (15.9% APR) for 12 or 24 month terms. A 10% deposit is required in both cases.
The application process is carried out online and apparently 'takes 5 minutes to complete. You’ll get your decision in less than 30 seconds and you’re good to go.;
Full details can be found at http://www.expansys.com/finance
Given the speed at which gadgets are superceded nowadays the 10 month term is probably plenty. Thoughts? A good thing? A bad thing?
[Note: MoDaCo does not endorse this scheme in any way, this post is purely for information purposes.]
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