AAn application process takes about 2 minutes.
Once you have applied a decision on credit will be given in 15 minutes.
The decision to grant your credit depends on your affordability and credit profile.
Yes, for the first month. After that, any amount outstanding is paid off with interest on a monthly basis at a time period selected by you.
This is all detailed on your credit agreement.
The total cost of the loan is shown clearly on the credit agreement. The first month is interest free and costs nothing. After the 1st month there is interest.
The interest varies pending on your credit profile and affordability. The 10% set up charge is always added to your total balance and is also interest free for the first month.
The Interest rate depends on your affordability and credit profile and it clearly stated on your credit agreement.
The true interest rate is the DPR Daily Percentage Rate (or the daily rate expressed per month as this agreement is for a limited number of monthly instalments). The interest rate is fixed, subject to the terms of this agreement, and does not compound or vary with the Bank of England base rate. This is the actual and true rate of interest that you will pay calculated on a daily basis.
The APR is shown to comply with EU regulations. The APR is the total cost expressed as an annual percentage of the total amount of credit. The APR figure is NOT representative of the interest that you actually pay. The APR calculates the interest rate if it were to compound on a daily basis for a year. This agreement is a fixed interest agreement and the interest does not compound or vary. As such, the APR figure is not the actual or true interest rate that you pay during this agreement.
If you fail to pay any amount you owe under the Credit Agreement by the date it is due you will be charged interest on that amount until you pay it.
There may also be costs for trying to recover the loan amount, such as:
Please refer to the credit agreement for full details.
Its fine to miss a payment, provided that you can make payment for that instalment within the next 14 days.
If you fail to pay any amount you owe under the Credit Agreement by the date it is due you will be charged interest on that amount until you pay it and there may be other charges as stated in your credit agreement.
Voluntary Fairness Cap in the event of a missed payment
If you do no repay the credit under the terms of this agreement, we will voluntarily agree to cap the related costs that have arised to 90% of the initial loan advance provided that you repay the total balance due within 6 months from the date at which we agree to cap the cost. Where the balance is not settled within 6 months, the related costs will stand for the entire period from the loan start date. This voluntary fairness cap will not apply if there is fraud or misrepresentation on your behalf. There will be a total cost of 100% of what you borrowed; you will not pay more in fees and interest than 100% of what you borrowed under one single agreement with us.
Often, the reason for a decline is that incorrect information has been entered in the credit application form. Please ensure you carefully enter all required information. If you wish to find out why your were declined, please email firstname.lastname@example.org
If you return your goods and the retailer authorises a refund, then the credit agreement will be cancelled and you will have nothing further to pay. You will also be refunded your full deposit.
You must contact the retailer you made your purchase from. If you made your purchase online, when the retailer cancels your credit application, your credit or debit card deposit will be automatically refund. Please allow up to 7 working days for the refund to appear on your card statement.
Please make note of your providers refund policy before applying with The Beauty Purse.
Yes. You can cancel for free within 14 days.
You MUST email email@example.com within 14 days in order to cancel the credit agreement. You must not have already received your service or products in this time.
For all information about your order status including delivery or tracking queries, please contact your retailer directly. You can find the contact details for your retailer on their web site. The retailer will also have sent you an email containing contact details. If you haven’t received any emails, please check your spam/junk mail folders.
If you have already contacted the retailer and not had a response after 48 hours, please email firstname.lastname@example.org
We do this to verify for fraud measures and your affordability. We cannot see the transactions names and we do not store any information after the application. Furthermore, your personal information is encrypted before transmission to ensure it cannot be viewed by any unauthorised third party.
Yes. It is extremely safe to apply on-line. Your personal information is encrypted before transmission to ensure it cannot be viewed by any unauthorised third party. Our software and hardware is PCI compliant and we are member of the Information Commissions Office for Data Protection.