Finance is currently available for consumer customers.
All information provided below is applicable to customers who are UK residents
As Chillblast is a licensed credit broker the following Finance options are available:
· Pay in 10 equal monthly instalments for orders of £ 500 or more via Hitachi PaybyFinance
· Pay 12 months from now for orders of £ 500 or more via Hitachi PaybyFinance
· Pay over 3 years for orders of £ 500 or more via Hitachi PaybyFinance
Once you have added your order to your shopping basket, each of these options will appear at the Checkout page within the Payment method section. By selecting any of these options, your application for obtaining finance will be processed; this takes just a few minutes to complete and is simple and secure.
When your finance application is approved, you will receive an e-mail advising you of how to download the finance agreement, which you will need to read carefully by checking that all the details are correct. Providing you are satisfied that everything is correct you can either e-sign the agreement or print and sign the finance agreement twice and post it to the address shown on the finance agreement. Following receipt of your finance agreement and a few additional checks, your order will be processed for dispatch.
Each Finance option outlined above is explained in detail below; credit is subject to status and written quotations are available on request.
The credit advertised is provided by Hitachi PaybyFinance with whom we have a commercial relationship.
Chillblast is authorised and regulated by the Financial Conduct Authority.
| |
Types of finance: |
| Buy Now Pay in 12 months |
Traditional Interest Bearing Finance |
| 10% Deposit: |
|
|
| Loan amount: |
|
|
| Total payable if repaid within first 12 months (incl. deposit and £29 admin fee): |
|
N/A |
| or |
| 36 monthly payments of: |
|
|
| Representative APR: |
29.8% |
19.9% |
| Total term of loan agreement: |
4 years |
3 years |
| Total payable (incl. deposit): |
|
|
| Total charge for credit: |
|
|
If you would like any further information about these finance options, or how to place an order using finance, please email sales@chillblast.com and one of Chillblast's sales team will contact you.
Pay 12 months from now (Hitachi PayByFinance)
This is a buy now pay later finance agreement. After initially paying a 10% deposit, you will not be required to make any further payments for 12 months. Please note that this 12 month period begins on the date the finance agreement is proposed, not when it is signed or the goods are delivered.
£29 will be required but no interest will be charged. If, for example, your total order value is £750.00, this would make the total amount payable (if repaid during the initial 12 month period) £779.00.
Should you choose not to settle the balance during the initial 12 months, then the amount owed will be repaid on a monthly basis over the next 3 years at the interest rate stated on the loan agreement. It is still possible to settle the balance early, however interest will be applied from the start of the agreement to the settlement day plus 30 days from the day you settle. An illustration is shown below, please note this is indicative and actual monthly payments may vary by a few pence per month.
Representative example:
| Order value (Inc. delivery & VAT) |
£ 750.00
|
|
Deposit (10%)
|
£ 75.00
|
|
Loan amount
|
£ 675.00
|
|
Representative APR
|
29.8%
|
|
36 monthly repayments of
|
£ 34.71
|
| Total term of loan agreement |
4 years |
| Total charge for credit |
£ 649.45 |
|
Total amount payable
|
£ 1324.45
|
Pay over 10 months (Hitachi PayByFinance)
This is a traditional interest bearing finance arrangement which continues until completion of the 10 month term.
After initially paying a 10% deposit, 10 equal repayments on a monthly basis inclusive of the interest rate per the agreement will start 1 month after the order date as illustrated below, though actual payments may vary by a few pence each month.
Representative example:
| Order value (Inc. delivery & VAT) |
£ 750.00
|
|
Deposit (10%)
|
£ 75.00
|
|
Loan amount
|
£ 675.00
|
|
Representative APR
|
26.3%
|
|
10 monthly repayments of
|
£ 75.01
|
| Total term of loan agreement |
10 months |
| Total charge for credit |
£ 75.10 |
|
Total amount payable
|
£ 825.10
|
Pay over 3 years (Hitachi PayByFinance)
This is a traditional 3 year finance arrangement which continues until completion of the 3 year term.
After initially paying a 10% deposit, repayments on a monthly basis inclusive of the interest rate per the agreement will start 1 month after the order date as illustrated below, though actual payments may vary by a few pence each month.
Representative example:
| Order value (Inc. delivery & VAT) |
£ 750.00
|
|
Deposit (10%)
|
£ 75.00
|
|
Loan amount
|
£ 675.00
|
|
Representative APR
|
19.9%
|
|
36 monthly repayments of
|
£ 24.50
|
| Total term of loan agreement |
3 years |
| Total charge for credit |
£ 282.02 |
|
Total amount payable
|
£ 957.02
|
Frequently asked questions
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. If you are offered the ability e-sign your credit agreement and choose to do so, a PDF of your credit agreement will be displayed on screen. 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 Chillblast will be notified and you need do nothing more. If you are presented with the ability to print and return your credit agreement you should print the PDF agreement, read it carefully and then sign the document following the instructions on the covering letter. This signed document should then be posted to the address shown on the covering letter of the credit agreement. Note that products will not be allocated to your order until your completed and signed agreement is returned and received by Hitachi Capital. Shipment of your goods will follow soon after your agreement has been returned to our finance company.
Will you credit score me and if so, what does this mean?
Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies. This information allows us to produce consistent decisions, ensuring all our applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.
If you decline my application, what is the reason?
In addition to credit scoring, we also take into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though we are unable to provide you with a main reason for decline of your application, it is usually based on one, or a combination of the following:
- Your credit score (note that every finance company will score you differently).
- Adverse credit reference agency information.
- You are considered to be overcommitted.
- You are under the age of 18.
- Your existing account performance with other lenders.
What type of information do credit reference agencies hold about me?
Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.
How do I obtain a copy of this information?
You should send a cheque for £2.00 made payable to the relevant company, together with details of all addresses at which you have lived over the last 6 years:
Consumer Help Desk Experian Limited PO Box 8000 Nottingham NG1 5GX
Equifax Ltd., Credit File Advice Centre. PO Box 1140. Bradford, BD1 5US
TransUnion International UK Limited, Consumer Services, PO Box 491, LEEDS, LS3 1WZ
The above listed agencies will provide details of information relating via these addresses. If you believe that the information is incorrect, you can ask the agency to correct it.
If my application is not successful, can I re-apply?
Yes. We acknowledge that your circumstances change and just because we have refused a previous application, it does not mean that we'll automatically turn down a further request. We do suggest however, that you leave at least 6 months between applications.
Who is eligible to apply for online finance?
To apply for finance, you must be over the age of 18, work at least 16 hours a week, or be retired with an income. You must also be a resident of the United Kingdom and have lived in the UK for the last 12 months or more. Unfortunately, we are unable to offer online finance to residents of Eire. Homemakers aren't excluded from applying under their own names; however we will require the employment details of your spouse in order to process your application.
Can I request delivery to an address other than my home?
In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant. Saturday deliveries can be arranged if this is more convenient for you.
Hitachi Capital (UK) PLC is authorised and regulated by the Financial Conduct Authority.
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