Payment plans to help spread the cost
Shawbrook is a British savings and lending bank that combines traditional banking values with a modern approach. They give their customers straightforward, no-nonsense alternative to the high street.
Shawbrook’s finance team works with many national and regional home improvements retailers, to offer their financial services to their customers. Their human approach to lending ensures that their customers and retailers have a friendly team on hand to speak to. The customer finance team has a wealth of experience and truly understand what is important to its customers and the retailers that Shawbrook works with.
Shawbrook’s Promise To You
Your satisfaction is their key priority. This is why they offer financial services that are flexible to your needs and puts you in control.
Finance Option 1:
|TOTAL LOAN AMOUNT||£2,250.00|
|REPAYMENTS x 120 MONTHS||£39.69|
|TOTAL CHARGE FOR CREDIT||£2,512.80|
|TOTAL AMOUNT REPAYABLE (INC. DEPOSIT)||£5,512.80|
|INTEREST RATE (PER ANNUM VARIABLE)||14%|
|REPRESENTATIVE APR VARIABLE||14.9%|
|*If you repay the loan amount before 12 months after installation of the goods and services then no interest will be payable. If you do not repay the loan amount within the 12 months after installation of your goods and services then interest will be payable backdated to the date of installation of your goods and services as per the terms of your loan agreement.|
Finance option 2:
|TOTAL LOAN AMOUNT||£2,250.00|
|REPAYMENTS x 60 MONTHS||£47.25|
|TOTAL CHARGE FOR CREDIT||£585.00|
|TOTAL AMOUNT REPAYABLE (INC. DEPOSIT)||£3,585.00|
|INTEREST RATE (PER ANNUM VARIABLE)||9.5%|
|REPRESENTATIVE APR VARIABLE||9.9%|
You can repay your loan in full at any time with a small early settlement charge (no more than two months interest on the outstanding balance).
Although your commitment is to a minimum monthly repayment, you can make extra payments as and when you please, reducing the length of your loan and the interest you pay.
Reducing balance of Loan
Interest is charged on the outstanding balance only. So increasing your payments reduce the interest you would otherwise pay.
Ordinarily customers are required to pay a 50% initial deposit, 40% one week before installation and the final 10% 28 days after installation, whereas customers taking advantage of one of our finance packages will only pay an initial 25% deposit which means you can keep your hard-earned savings working for you.
Peace Of Mind
Under the loan agreement, the consumer credit protection act ensures that the lender is also liable for safeguarding any deposit and upholding the guarantee issued by Frameless Glass Curtains Limited (FGC). In summary, by taking advantage of the FGC home improvement plan, instead of paying cash, you are doubly protected should anything go wrong.
What Happens Next?
- Once we have received your completed and signed documentation, subject to status, you will receive a letter from Shawbrook confirming the acceptance of your application.
- An FGC surveyor will contact you to arrange the technical survey for your home improvement.
- Following the installation of your product, all you need to do is sign our satisfaction form and your account will be opened for you.
- Your minimum monthly payment will be taken by monthly Direct Debit, one month later.
- You can control the length of the loan and interest charged.
- You may settle the loan in full at any time with a small early settlement charge, please give Shawbrook a call first to obtain your settlement figure.
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
Please be aware that interest is charged from the date the account is opened. Further details and full terms and conditions can be found on your finance agreement. It is important to read all your documentation and understand the details and costs associated with taking advantage of the financial services.
Frameless Glass Curtains Limited are acting as broker for Shawbrooks bank (the lender). Frameless Glass Curtains Limited do not work with any other finance providers.
Frameless Glass Curtains Limited do not make any financial gain or commission from Shawbrooks.
Frameless Glass Curtains Ltd, Company Reg: 06831096, Unit 17E, Altbarn Industrial Estate, Revenge Road, Lordswood, Chatham, Kent ME5 8UD is authorised and regulated by the Financial Conduct Authority and also subject to the Financial Ombudsman Service.
Information correct in December 2017