Payment Plans Info
Buy Now Pay Later - 3 Year loan with a 6 month deferred period
No Deposit Required. Balance can be paid off at anytime within the deferred period*, by cheque or debit card, in one lump sum or smaller amounts – whenever you want.
A settlement fee of £29* is applicable to early repayment of the loan. If the full balance is paid by the end of the deferred period a £29* settlement fee is charged by the finance company**
NB. Unfortunately it is not possible to set up a Direct Debit within the deferred period*, however, you can set up a standing order and pay off the Finance agreement on a monthly basis.
After your deferred period* has elapsed and the loan remains unpaid – the finance company arranged by Concept2 Ltd will initiate a monthly Direct Debit payment for the remaining time of the loan. An APR of 29.8% will be charged on the full loan amount (backdated to the first date of the loan). Late payment penalties and early re-payment penalties will apply from this point.
The Finance Company arranged by Concept2 Ltd will send you an account confirmation letter approximately 4 weeks after you have received your goods; stating your account is activated and from this point you can start to make re-payments. The Finance Company arranged by Concept2 Ltd will also send you a reminder letter, approximately 1 month before your deferred period* is due to elapse.
Interest Bearing Loan - No Deposit Required
Available over 36 or 48 months, the balance of the finance agreement is payable directly to the finance company arranged by Concept2 Ltd by monthly Direct Debit
Direct Debit payments will start at the end of the first month from receipt of your goods. The interest rate charged is 18.9% (APR). Late payment penalties & early re-payment penalties apply.
This payment plan can be used for any orders over £250.
EXAMPLE: Model D with PM3 = cash price £980 - £120 deposit and 48 monthly payments of £25.00. Total amount payable £1320 18.9% APR typical (total charge for credit £340.00).
Delivery
We aim to deliver Indoor Rowers ordered via payment plan within 3-5 working days of receiving the signed agreement. We will contact you to arrange the specific day for delivery before your order is despatched.
** Finance is arranged through a third party finance company and is currently only available in the UK.
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