What is an Instalment Plan?
Instalment Plans are offered through the Very Pay account and give you the option to spread the cost by paying in monthly instalments over a fixed period. Instalment Plans are subject to offer and your account status.
How do I get an Instalment Plan?
If you already have a Very Pay account just shop as usual and you’ll see the Instalment Plan offer in checkout where you can review the details and decide if the plan is right for you.
If you don’t have a Very Pay account just follow these simple steps:
Shop and add your item(s) to basket
Checkout securely and register
Complete the Very Pay eligibility check
If successful, open your Very Pay account.
Representative Example for the Very Pay account
Representative Example:
Representative 44.9% APR variable (interest rate 44.9% p.a. variable). Based on £1,200 credit limit.
The APR and credit limit you receive on your Very Pay account will depend on your individual circumstances and may differ from this example.
Finally, select the Instalment Plan offer in checkout. If an interest rate applies, it may differ to your Very Pay account rate.
Are there any exclusions?
Yes. The cost for delivery, installation services and insurance aren't eligible for a plan. All exclusions will be made clear before you place your order.
How do I pay an Instalment Plan?
Your monthly instalment is included within your Very Pay minimum payment so paying the minimum payment on your statement keeps your plan on track. If you choose to pay a Take 3 payment (if available), your instalment is included in that too, so no extra payment is needed.
