Is a deposit required? When will the first instalment be taken?
With our 0% finance provider DivideBuy, a deposit of 5–20% may be required based on your credit history. The first instalment will also be taken on the day and then approximately every 30 days from then on until your nominated loan term is complete.
With our other finance option through the provider Novuna, there is no deposit required. Monthly repayments will begin one month after the order has been delivered. Or after 12 months if the option to 'Buy Now, Pay Later' is selected.
Splitit works much the same way, however, no deposit is required and only the first instalment is due on the day of purchase.
The full terms of each finance option can be found here