Interesting Info 28 Apr 2015

Day to Day Interest Finance

Day to Day Interest Finance is a payment plan allowing you to pay a fixed amount of capital each month alongside an interest payment, which is calculated on the reducing capital balance, with the benefit of these being collected together in one monthly Direct Debit. At the beginning of your agreement, your payments will be higher as the interest will be charged on the full outstanding loan balance however the interest will reduce as the balance decreases. The interest rate is linked to Finance House Base Rate (FHBR).

This repayment profile is available on a full repayment basis (Hire Purchase) or with a deferred final payment (Lease Purchase).

As the UK’s number one lender of prestige car finance, we can offer you an array of highly competitive finance packages tailored to your needs.

Free Day to Day Interest Finance Quotation Today!

Please complete the fast-track quotation form below to receive your bespoke car finance quotation or alternatively call us now on 0800 012 6666.

If you have already found a specific car, you can fast-track your approval for finance in privacy by completing our full online application.