NOVUNA INTEREST FREE CREDIT 0% APR FIXED
Simply divide the loan amount by the term of the agreement and this will be your monthly repayment amount for the entirety of the agreement. No interest or fees are payable with this option.
Available 2 years & 5 years.
| Representative Example |
| Purchase Price | Deposit | Amount of Credit | Term | Monthly Payments | Total Payable |
| £10,000 | £0.00 | £10,000 | 60 months | £166.67 | £10,000 |
NOVUNA 3 MONTHS DEFERRED REPAYMENT 11.9% APR FIXED
If settled in full within the deferral period then there is no interest to pay, however a £29 administration fee will apply. This means that you would pay the amount of credit + the administration fee. If the loan is not settled in full within the deferral period then interest will have accrued from the start of the agreement on any amount still outstanding at the end of the deferral period. Interest will continue to be charged until the agreement is repaid in full. Any overpayments made in the deferral period will reduce the capital carried into the payment term. The deferral period commences upon completion of the purchase contract.
Once you enter into the payment term, Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay. Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges, these payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection. If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, to do so please contact the lender directly.
| Representative Example |
| Purchase Price | Deposit
| Amount of Credit | Term | Monthly Payments | Total Payable |
| £5,500.00 | £0.00 | £5,500.00 | 120 | £78.13 | £9,375.60 |
NOVUNA 6 MONTHS BUY NOW PAY LATER 19.9% APR FIXED
If settled in full within the deferral period then there is no interest to pay, however a £29 administration fee will apply. This means that you would pay the amount of credit + the administration fee. If the loan is not settled in full within the deferral period then interest will have accrued from the start of the agreement on any amount still outstanding at the end of the deferral period. Interest will continue to be charged until the agreement is repaid in full. Any overpayments made in the deferral period will reduce the capital carried into the payment term. The deferral period commences upon completion of the purchase contract.
Once you enter into the payment term, Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay. Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges, these payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection. If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, to do so please contact the lender directly.
| Representative Example |
| Purchase Price | Deposit
| Amount of Credit | Term | Monthly Payments | Total Payable |
| £5,500.00 | £550.00 | £4,950.00 | 80 | £115.94 | £9,825.20
|
NOVUNA 12 MONTHS BUY NOW PAY LATER 19.9% APR FIXED
If settled in full within the deferral period then there is no interest to pay, however a £29 administration fee will apply. This means that you would pay the amount of credit + the administration fee. If the loan is not settled in full within the deferral period then interest will have accrued from the start of the agreement on any amount still outstanding at the end of the deferral period. Interest will continue to be charged until the agreement is repaid in full. Any overpayments made in the deferral period will reduce the capital carried into the payment term. The deferral period commences upon completion of the purchase contract.
Once you enter into the payment term, Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay. Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges, these payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection. If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, to do so please contact the lender directly.
| Representative Example |
| Purchase Price | Deposit | Amount of Credit | Term | Monthly Payments | Total Payable |
| £5,500.00 | £1,100.00 | £4,400.00 | 74 | £117.59 | £9,801.66 |
NOVUNA MONTHLY PAYMENTS 12.9% APR FIXED
Interest is applied monthly. You must make the minimum repayment each month. You can make additional payments without penalty, which could allow you to control the term of the loan and potentially reduce the amount of interest you would pay. Any additional payments made which are individually higher than your monthly repayment will automatically be deducted from the outstanding loan balance and reduce your interest charges, these payments will not affect your monthly repayments. Any additional payments that are equal to or below your normal monthly repayment amount will just reduce your next Direct Debit collection. If you wish to make an additional payment of an amount which is equal to or less than your normal monthly repayment and apply this to the loan balance, to do so please contact the lender directly. Payments will start approximately one month after we have fulfilled our contract with you.
| Representative Example |
| Purchase Price | Deposit | Amount of Credit | Term | Monthly Payments | Total Payable |
| £5,500.00 | £0.00 | £5,500.00 | 60 | £122.88 | £7,372.80 |
| £5,500.00 | £0.00 | £5,500.00 | 154 | £70.81 | £10,904.74 |
Authorised and regulated by the Financial Conduct Authority.
Credit is subject to status and affordability. Terms & Conditions Apply. Majestic Designs (UK) Ltd, Unit 6, Cheddar Business Park, Wedmore Road, Cheddar, Somerset, BS27 3EB (FRN 739046) is a credit broker, not the lender and is authorised and regulated by the Financial Conduct Authority. Credit is provided by Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC. Authorised and Regulated by the Financial Conduct Authority.