Finance Terms & Conditions from HotWorx
HotWorx Ltd is authorized and regulated by the Financial Conduct Authority (FRN 815063) and acts as a credit intermediary.
Finance options are provided by Divido Financial Services Limited in association with Shawbrook Bank Limited who is authorised and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
Registered office: Lutea House, Warley Hill Business Park, Great
Warley, Brentwood, Essex, CM13 3BE.
Finance available subject to age and status. Terms and conditions apply.
Am I eligible?
To apply you must:
- Be over 18 years of age
- Be a UK Resident for at least 3 years
- Have a UK bank account that can accept direct debits
- Have credit or debit card registered to your home address
- Have a stable income whether through permanent employment or other means (pension, Disability Allowance, etc.)
- Be OK for there to be a credit check performed when you submit your application
We have partnered with Divido Financial Services Ltd to offer you a quick and simple process to access affordable finance options.
For any queries during the application process or when signing your credit agreement, their Customer Service team will be happy to help either through their chat by pressing the help button on their website divido.com, by phone on 020 3773 9510 or by email at email@example.com.
Our lender is Shawbrook Bank Limited.
Representative Example – 0% Interest Free Credit
|Purchase Price :||£1782|
|Amount of credit :||£0|
|Charge of Credit :||£0|
|Total Repayable :||£1782|
|Agreement Duration :||18 months|
|Monthly Payment :||£99|
|Rate of Interest (fixed) :||0%|
Representative : 0% APR
Representative Example – 12.9% APR
|Purchase Price :||£2200|
|Deposit :||£220 (10%)|
|Amount of credit :||£1980|
|Charge of Credit :||£674.40|
|Total Repayable :||£2874.40|
|Agreement Duration :||60 months|
|Monthly Payment :||£44.24|
|Rate of Interest (fixed) :||12.9%|
Representative : 12.9% APR
What information will I need to provide?
During Divido’s secure application process you will be asked to provide some basic personal details such as your marital, residential and employment status. You will also need to have your bank account handy and possibly your credit or debit card information for deposit and ID verification.
Why was my application unsuccessful?
While the lender will never tell us exactly why they decline a customer (due to data protection), it’s usually due to eligibility, not having enough credit experience, having negative credit file information or providing unsatisfactory information in the application.