What is eFinancing?
Borrowing money is a serious matter. You need to think carefully about whether you can afford the payments over the full term of the loan.
How do I apply?
Are deposits required?
Who is Eligible for Financing?
- Are at least 18 years old
- Are in regular full or part-time employment (minimum 16 hours per week or £10,000 per annum, unless you are retired and receiving a private / company pension or in receipt of disability allowance)
- Are a permanent UK resident and have lived in the UK for at least 3 years.
- Have a good credit history with no late payments, debt relief orders, CCJs, IVAs or bankruptcies.
Who is offering Financing for merchant?
who are authorised and regulated by the Financial Conduct Authority and are therefore bound by their rules.
After my order is approved and processed, may I modify my cart or change delivery options?
If my application is declined, what happens next?
- You can still pay for your order by card
- Duologi will email you with all the initial information you need
Partial Returns or Refunds:
Standard Terms of Sale for applies to your order when using Lenovo Financing including handling of returns and cancellations.
Interest rate and APR Information on our website about finance options provided by Duologi may state two figures, the “interest rate” and the “APR”. By law, both figures must be stated in the Loan Agreement and are shown in Representative Examples.
- Interest rate: This means the annual rate of interest charged by the lender on the amount you borrow.
- APR: This stands for Annual Percentage Rate. It is calculated using a formula set down by law and is intended to indicate the overall cost of a loan. The APR takes into account the total amount of interest payable over the term of the loan and any other charges you have to pay. As no fees are charged, the APR and interest rate will be the same.
- Total charge for credit:This is the predicted total cost of your loan and will be stated in your Credit Agreement. It is calculated on the assumption that you will make your monthly repayments as they fall due. If you repay sooner and you are being charged interest, the actual total charge for credit you will pay should be lower; if you repay later, you may incur late payment fees and therefore the actual total charge for credit you pay will be higher. If your agreement has a 0% APR then you will not save any money by repaying earlier but are still entitled to do so.
Will I be accepted for finance?
What do I do if I have been declined?
I’ve changed my mind, can I cancel my agreement?
I want to amend my order.
I haven’t received my goods or service.
What is a credit search?
When will I receive a copy of my loan agreement