Klarna Finance Information
SC Furniture Ltd Kidderminster act as credit intermediaries and offer credit products provided by a finance company.
How to apply
You can apply online or over the phone and one of our sales staff will assist you with the entire process.
The finance company will conduct the necessary credit checks and references in order to confirm your eligibility for the credit application.
How much can I borrow?
The minimum lending amount in addition to the upfront deposit is £400 (For example, total purchase price of £999 with 10% deposit). The maximum loan amount is £25,000.
Is a deposit required?
Yes. If your credit application is accepted, you will be required to pay a minimum 10% deposit, using a credit or debit card. The amount of the deposit is displayed in the credit summary throughout the credit application and on the credit agreement itself.
What Is The APR?
The annual percentage rate (APR) is displayed clearly on the credit summary and throughout the credit application process. It is also shown clearly on the credit agreement itself.
How are my monthly payments made?
Monthly repayments will be taken via direct debit from your bank account. The finance company will inform you of the date that your repayments will commence. The first payment is typically due 30 days following the date of delivery of your order.
Which products can I buy on finance?
Not all products are available on finance. Please check out the specific product you are interested in to see if it qualified. Finance may not be available during sale period either.
What is the repayment schedule?
6 months, 9 months or 12 months.
Can I pay off the loan early?
Yes, you have the right to repay all or part of the credit early at any time by contacting the finance company. Please note that interest rates will be adjusted accordingly.
How much does the loan cost?
The total cost of the loan is shown on the finance agreement.
Are there any other charges?
If you fail to pay any amount you owe under the Credit Agreement by the date it is due, the finance company may charge you interest on that amount, they may also levy additional fees – details of these can be found in the credit agreement.
How long does it take to apply?
The online application takes a few minutes to complete and successful applications are processed straight away.
What are the requirements for finance?
You must be over 18 years old and a permanent UK resident with 3 years address history. You must have a UK bank account capable of accepting direct debits.
The goods must be delivered to your home address and the deposit must be paid using a credit or debit card.
Can I cancel the credit agreement?
You have the right under section 66A of the Consumer Credit Act 1974 to withdraw from the agreement without giving any reason before the end of 14 days (beginning with the day after the day on which the agreement is made or, if later, the date on which we will tell you that we have signed the agreement)
To contact Klarna Bank please click on the following link or contact customer services on : 0333 321 6080