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Providing SERVICE
We offer a vast range of products to ensure that we can provide customers with a 'one-stop' service.
- Loans
- Hire Purchase
- Vouchers
- Homewares
- Furniture
- Toys
- Christmas Hampers
- Audio/Video Electrical Items
- Telephones (inc mobiles)
- Fridges and Freezers
- Cookers and Microwaves
- Carpets
- Alarm Systems
- Garden Furniture
- Tools
- and more!
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Loans and Hire Purchase
An important message to our existing customers.
Following the recent Competition Commission investigation into Home Credit which was prompted by the National Consumer Council, we have been forced to change the way in which we give rebates (discounts) to our customers when they settle their account. Whereas we used to be able to reward those customers who paid their accounts perfectly, we are now governed by strict guidelines on how much rebate must be paid, and accordingly the discount scheme has had to be withdrawn.
Ironically, this scheme was a positive contribution to competition, and those customers who deserved and received the best deal have been disadvantaged. We are extremely unhappy about this unfair situation, and have made representation to the Competition Commission about it, but these rules are written in law and we must abide by them.
Loans
Bristol Finance offers a range of loan and hire purchase accounts to suit most budgets and most situations.
Whether you are a new customer or an existing customer, we aim to provide you with what you want within 24 hours - or quicker if at all possible.
Our cash loan terms can be for as little as 14 weeks or as long as 10 months, and the amount available can be from £30 to £1,000, although each account will be tailored to the customer's own situation.
Examples of our terms for a £100 loan are:
Total Weekly APR
Repayable Payment
24 Week Account £144.00 £ 6.00 401.4
31 Week Account £155.00 £ 5.00 365.1
Other terms are available - please contact us.
PLEASE NOTE THAT THE APR IS NOT AN ACCURATE INDICATOR OF CHARGES LEVIED WHEN USED ON SHORT TERM LOANS. NONE OF THE ACCOUNTS SHOWN ON THIS PAGE HAVE A 'REAL' CHARGE IN EXCESS OF 55% - CUSTOMERS WILL PAY A MAXIMUM OF £55 ON A £100 LOAN. AFTER DISCOUNTS, 'REAL' INTEREST CHARGES ARE REDUCED BY UP TO HALF, AND CAN BE AS LOW AS 20%.
Most of our customers choose our 31 week plan and therefore our 'typical' rate is 365.1% APR
Hire Purchase
Bristol Finance is not limited to just offering cash loans.
Through our wholesalers and dealers we can supply most household electrical items, furniture and carpets at very competitive prices. The interest charged is much less than cash loans, and these accounts tend to be for 50 weeks.
A typical example might be:
An account to purchase a £400 television would be repayable by 50 weekly payments of £11.20, APR 107.1. The total repayable would be £560.00.
Written quotations are available on request.
Bristol Finance recommends that customers do not enter into a credit agreement until proper consideration has been given to their ability to repay that commitment.
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