Whichever finance option you choose to apply for, you need to be sure that you can afford to pay the deposit, and keep up with your monthly repayments. You should think about any changes to your situation that might occur during the term of the loan, which could impact on your finances - e.g. retirement, moving home,
changing jobs, or any health issues which could affect your income or
Alongside the finance calculator and on some of our promotional banners, you will also
see the representative example. This could be written in a sentence, as shown
in the example below, or in a table format.
Cash price £500.00, Deposit £50.00. Total amount of credit £450.00 over 48
months with an annual interest rate of 4.9% (Fixed). Monthly repayments will be
£10.32 with a total repayable of £545.36. 4.9% APR representative.
The representative example shows the finance information that we expect to apply to more than half of accepted applications for the specific amount and repayment term.
As we mentioned earlier, the representative example is not a quote or formal
offer of finance - we display this to help you understand how much a loan will cost, and so you can compare it with other products.
Whilst these numbers are there to help you understand what a loan will cost you, it’s important that you understand any other potential costs in the terms
and conditions of the finance option you select. For instance, you may be charged missed or late payment fees if you don’t keep up with your payments.
It’s a fact of life that things can change for any of us. If something changes in
your personal, or financial circumstances, Deko and your lender will do all they can to help make it as easy as possible to submit your application and
manage your loan repayments.
If you’re struggling at any point with your application online, or you don’t understand anything, please contact Deko’s customer support team at firstname.lastname@example.org or 0800 294 5891.
If you find yourself struggling due to a change in your circumstances, please
contact your lender and ask for their help.