Buy now pay later
A 6 month deferred period on a 3-year loan.
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 Wattbike 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 Wattbike 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 Wattbike Ltd will also send you a reminder letter, approximately 1 month before your deferred period* is due to elapse.
*A £29 settlement fee applies if you choose to pay the full balance by the end of the deferred period. For a limited time Wattbike Ltd will refund this charge to you when you send in a copy of your receipt.
Please call us on 0115 945 5454 or email info@wattbike.com with any questions.