Finance Information – Divido
Buy now and pay later with 0% finance for 12 months
Thinking about turning your garage into a home gym? Rather spend your monthly gym membership fees on building your own home gym? Well here is where we can help…
You can choose from a flexible range of repayment terms such as spreading the cost over 6 or 12 months 0% APR representative with a 10-50% deposit through our partner Divido.
The application process is simple, takes just a few minutes for you to complete, is carried out online and you will receive a decision made within 30 seconds of completion.
Here’s a quick guide to everything you’ll need to know.
Please note, finance is not available for our clearance items, and we cannot offer credit where delivery address differs from current or billing address.
What will I need?
In order to fill out a finance application with us, you will need the following:
- Personal details: name, DOB, email address, phone number
- Address details – 3 years UK address history
- Employment details; income, number of years employed, employer’s name and title
- Bank details
How does it work?
A small Divido ‘widget’ next to the product’s price, plus on the finance tab of each product, can help you to work out how much your monthly payments could be. You can use it to adjust your instalment length and deposit to find the right monthly payment for you.
The cost of credit is free for instalment plans of 6 and 12 months, but you need to put down a minimum deposit of 10%.
- Add the products you wish to finance to your basket, then on the checkout page click Divido Finance, where you can decide your deposit amount and time period.
- Complete the online application form and wait 10-20 seconds for the credit decision.
- Once approved, your order will be confirmed and will dispatch within 2 working days.
Here’s a representative example for our Package 1, the Essential Home Gym, costing £825.00:
- 12 monthly payments of £34.38 at 0% interest with £412.50 (50%) deposit – total payable: £825.00
- 12 monthly payments of £51.56 at 0% interest with £206.25 (25%) deposit – total payable: £825.00
- 12 monthly payments of £61.88 at 0% interest with £82.50 (10%) deposit – total payable: £825.00
- 6 monthly payments of £68.75 at 0% interest with £412.50 (50%) deposit – total payable: £825.00
- 6 monthly payments of £103.13 at 0% interest with £206.25 (25%) deposit – total payable: £825.00
- 6 monthly payments of £123.75 at 0% interest with £82.50 (10%) deposit – total payable: £825.00
When will my repayments start?
Any deposit you want to put down will be taken upon ordering and our monthly repayments will begin two weeks after your items have been delivered.
Once my application is approved, what happens next?
Within minutes of your application being approved, you will be presented with the option to sign your credit agreement. You should read the credit agreement carefully before clicking all the relevant sections agreeing to its terms. Once you have agreed to the terms of the credit agreement, Valley Fitness Ltd t/a IronmasterUK and Divido will be notified and you need do nothing more.
Divido Financial Services Limited (‘Divido’) is authorised and regulated by the Financial Conduct Authority. For more information, please visit www.divido.com. For any queries about your credit agreement, contact them on 020 3773 9510.