Need advice Please - Purchased off Very - Interest related - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Need advice Please - Purchased off Very - Interest related

£0.00 @
So I purchased off Very, with a Buy Now Pay Later 12 Month period. I logged into my account, and it was saying I need to make a payment or otherwise I'll be charged interest. So I panicked and j… Read More
MazingerZ Avatar
5m, 3w agoPosted 5 months, 3 weeks ago
So I purchased off Very, with a Buy Now Pay Later 12 Month period.

I logged into my account, and it was saying I need to make a payment or otherwise I'll be charged interest.

So I panicked and just paid off the whole item at once.

But I'm confused, I thought BNPL 12 Months means interest free period is 12 months?!

Also, I purchased a motherboard with a BNPL 12 Month period, BUT for some reason I can't even make any payment for it, doesn't give me an option to pay for it, even though I purchased it last month.

Is anyone familiar with Very and it's BNPL scheme? I can afford to pay off all at once, but the convenience and benefit of BNPL was the cashback credit offers, so I saved more by using BNPL instead of all at once

Many thanks, sorry if I don't respond quickly, I'm doing family errands...
MazingerZ Avatar
5m, 3w agoPosted 5 months, 3 weeks ago
Options

All Responses

(6) Jump to unreadPost an answer
Responses/page:
#1
You sure it wasn't pay if off over 12 months, rather than pay it in 12months?
#2
Click make payment and on the right hand side there's a option called pay buy now pay later. There you can see and pay off what needs to be paid.

Very 12 months BNPL is as it says, no payment requested until 12 months after.
#3
AStonedRaichu
Click make payment and on the right hand side there's a option called pay buy now pay later. There you can see and pay off what needs to be paid.
Very 12 months BNPL is as it says, no payment requested until 12 months after.
thanks very much!
#4
steve1221
You sure it wasn't pay if off over 12 months, rather than pay it in 12months?
That's a good point, I am 100% I selected BNPL 12 Months option interest free. I will give them a call now thanks
#5
you still have to pay a minimum of 7 percent of the balance of the account each month....you will not be charged interest until the 12 months are up....if you had purchased something else on the account that wasn't on buy now pay later you would just be paying 7 percent of that....hope this helps
#6
If it's BNPL you don't have to make a payment until just prior to the interest free period runs out.

Delivery costs are not included in the BNPL offer and any costs incurred for delivery must be paid next statement.

Post an Answer

You don't need an account to leave a response. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!