Drive Now Pay Later
What Is Drive Now Pay Later?
Simply put Drive Now Pay Later allows you the chance to take driving lessons, An intensive driving course or Driving Instructor Training as soon as possible but then spread the cost between 3,6,9 or 12 months. In fact if you paid the amount within 30 days its INTEREST FREE! So all you would pay back is the original amount!
(Subject to affordability assessments. DRIVER TRAINING MIDLANDS LIMITED is an Introducer Appointed Representative of Social Money LTD t/a Payl8r. Missed payments may affect your credit file, future borrowing and incur fees. Representative Example: If you borrow £200 over 12 months at a fixed monthly interest rate of 4% and an annual rate of 48% and representative annual percentage rate of 127.34% You will pay: Monthly payment: £24.66. Total amount you repay: £295.92 Total charge for credit: £95.92. 0% interest rate applies only where the loan is repaid in full within 30 days)
The Benefits of Drive Now Pay Later?
You don't have to wait months or years to do the driving training so desire to. Rather than have to wait months and months to save the amount needed, you can do the training, do the driving course, get your driving licence or ADI badge and then pay for it!
Example - 30 Hour Intensive driving course
| COURSE TOTAL |
£900.00 |
TOTAL REPAYMENT |
| Deposit |
£180.00 |
|
|
|
|
| 52 weeks |
£15.51 |
£986.52 |
|
|
|
| 39 Weeks |
£20.12 |
£964.80 |
|
|
|
| 26 Weeks |
£29.35 |
£943.20 |
|
|
|
| 13 Weeks |
£57.04 |
£921.60 |
|
|
|
Click the Payl8r option at the checkout
Select deposit, installment plan & complete the 60 second application form.
Your items have been paid for and on their way to you!
Log into your account to view all purchases and payment dates.
How do I repay?
You can repay in full within 30 days at 0.0% interest, or choose an instalment plan to repay on a monthly basis. You can change your instalment plan at any time.
Interest rates from 1% per month - remember, if you pay in full in the first month, your loan will be at 0% interest.
Click the Payl8r button at the checkout on participating stores and you will receive an answer within minutes.
Finance is subject to your ability to repay the loan.
If you fail a traditional credit check, rather than rejecting your application we may give you the option to submit your affordability instead by supplying an electronic 90 day bank statement. Basically if it shows that you have the required amount available over 3 months, that's what we go by.
Representative Example: If you borrow £200 over 12 months at a fixed monthly interest rate of 4% and an annual rate of 48% and representative annual percentage rate of 127.34% You will pay:
Monthly payment: £24.66. Total amount you repay: £295.92 Total charge for credit: £95.92
LET US HELP YOU TO DRIVE NOW PAY LATER - CALL/TEST/WHATSAPP 07791 152 046 TODAY
