That’s right, and we’ll shout it from the rooftops! THERE REALLY ARE NO INTEREST OR EXTRA FEES. Simply put, we’re not like your traditional finance companies. We believe in giving you the choice to get it now and pay later! Pay your scheduled payments on time and you’ll pay the original price your item was advertised for. It does sound too good to be true, doesn’t it? Well, it’s not. There’s only one time you would ever pay more…and that’s if you miss a scheduled payment.
For Pay In 4 Payment Plans:
Total penalty default fees charged shall be capped at R255.00 (including VAT), or 50% of the Purchase Price (including VAT).
Penalties are calculated as follows:
A R85.00 fee is charged the day after you default. Further default fees apply for every week that the unpaid amount remains outstanding. So, another R85.00 fee is charged on day 7 and day 14 of the default period. Default fees for late payment are capped at R255.00. Please see Section 8 of the terms and conditions on our website for more information.
For Pay in 3 Payment Plans:
Total penalty default fees charged shall be capped at R375 (including VAT).
Penalties are calculated as follows:
A R125.00 fee is charged the day after you default. Further default fees apply for every week that the unpaid amount remains outstanding. So, another R125.00 fee is charged on day 7 and day 14 of the default period. Default fees for late payment are capped at R375.00.
