Coronavirus (COVID-19)

We’re still delivering to our customers, but please let us know if you’re self-isolating so that we can make sure we’re delivering safely. Door step deliveries only. Delivery lead times are currently longer than normal, please keep this in mind when ordering.

Snap Finance: A Guide

We know buying a new bed, mattress or bedroom furniture can be a big commitment, even if you can pay for a product all in one go, sometimes you’d just prefer to spread the cost. After listening to our customer feedback, we have partnered with trusted credit company Snap Finance to enable YOU to make weekly and monthly re-payments easy!
Snap have the ability to approve a much wider range of customer while still offering those customers the chance pay off their loan early and pay no interest within 15 weeks.
 
How it works?
 
“Take 12 months credit and if you settle in 15 weeks you won't be charged any interest.”
 
Once you have applied and accepted you can take 12 months credit with the bonus if you settle in 15 weeks, you won’t be charged any interest. If life happens, you can just continue with your minimum payments over the full 12 months with the applicable interest you will have been advised at the start of your loan.
 
The Basics…
Spend up to £2250 paid directly to the retailer on your behalf
Spread payments over 12 months
Repay weekly, fortnightly or monthly to suit you
Clear the loan within 15 weeks and pay 0% interest.
 
All loans are subject to a minimum £30 deposit once approved, but you won't need to make this payment until you've chosen your items and are ready to sign the agreement.
 
Am I eligible?
Below are a simple list of specifications to ensure you will be approved.
18 Years +
UK Resident
Minimum £200 weekly income
Active Current account
Valid Debit or Credit Card
 
Frequently Asked Questions…
“Can I still be approved if I have bad credit?”
- YES, Snap Finance uses a proprietary screening approval process that gives you the best chance of approval. They specialise in financing those who have bad credit, no credit, bankruptcy, or other challenges with their credit.
 
“Can I have multiple Snap Loans at any one time?”
- NO, currently you can only have one active loan at a time.
 
 
“What is the minimum/maximum amount I can borrow with Snap Finance?”
- £250 is the minimum amount and £2,250 being the maximum
 
 
“When approved and purchase made, what is the upfront payment required?”
- Only a small £30 deposit is required on ANY loans. This is deducted from your final loan amount.
 
 
“Is there a penalty for settling my loan early?”
- NO, we are pleased to tell you there is never an early settlement fee. In fact, with Hello12 you will pay no interest if you settle your loan within 12 weeks!
 
 
Need to know…
From time to time, customers may be asked to provide further documentations to guarantee the snap loan. If this happens, don’t worry, as long as they are provided you will still be eligible to purchase from us. Please see below the full list of accepted id’s.
 

Proof of Name

Proof of Address

Valid Signed Passport

Utility bill (gas, electric, satellite television, landline phone bill) issued within the last three months

EEA member state identity card

Local authority council tax bill for the current council tax year

Current UK or EEA photocard driving licence

Current UK driving licence (but only if not used for the name evidence)

Full old-style driving licence

Bank, Building Society or Credit Union statement or passbook dated within the last three months

Original birth certificate (UK birth certificate issued within 13 months of the date of birth in full form including those issued by UK authorities overseas such as Embassies High

Original mortgage statement from a recognised lender issued for the last full years

Residence permit issued by the Home Office to EEA nationals on sight of own country passport

Solicitors letter within the last three months confirming recent house purchase or land registry confirmation of address

National identity card bearing a photograph of the applicant

Council or housing association rent card or tenancy agreement for the current year

Firearms or shotgun certificate

Benefit book or original notification letter from Benefits Agency (but not if used as proof of name)

 

NOT ACCEPTED

HMRC self-assessment letters or tax demand dated within the current financial year

Mobile phone bills

Electoral Register entry

Credit card statements

NHS Medical card or letter of confirmation from GP’s practice of registration with the surgery

 

 

 

Posted by admin 21/02/2020 0 Comment(s)
We know buying a new bed, mattress or bedroom furniture can be a big commitment, even if you can pay for a product all in one go, sometimes you’d just prefer to spread the cost. After listening to our customer feedback, we have partnered with trusted credit company Snap Finance to enable YOU to make weekly and monthly re-payments easy!
Snap have the ability to approve a much wider range of customer while still offering those customers the chance pay off their loan early and pay no interest within 15 weeks.
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