Finance is a fantastic way to spread the cost of your purchase. To make it easy we've partnered with Duologi whose smart technology lets you apply for and then complete the loan application quickly and entirely online.
When your order gets over £500 (ex. VAT) you can apply to spread its cost over 3–12 months with interest-free credit or up to 36 months at a 9.9% APR. The application process is simple, takes around 5 minutes to complete and you'll receive a decision within 30 seconds of completion.
Kitting out a new salon?
Order all your new kit and products, then spread the cost to help with your cashflow.
Coveting a top-of-the-range scissor?
Upgrade your cutting with a high-end Joewell, Jaguar or Kasho and spread the payment into manageable chunks.
Here's an example:
Take the stunning Takara Belmont Apollo 2 Barber Chair costing £1,849 + VAT, so £2,218.80 in total.
Spread the cost over a year with 12 monthly payments of £184.90 at 0% APR.
Are you eligible?
Applying for an instalment plan is similar to applying for a new credit card. The details you provide are checked against public registers, such as credit-rating agencies. To increase the chances of acceptance, ideally, you'll have a good credit history (no late payments, CCJs, etc) and meet the following criteria:
- 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 a credit or debit card registered to your home address;
- Have a stable income whether through permanent employment (at least 16 hours per week) or other means (pension, Disability Allowance, etc.);
- Be OK for a credit check to be performed when you submit your application;
- Have your order delivered to the address you put on the finance application, which must be the same as the billing address of the bank account you're applying with.
Duologi will let you know the outcome of their decision in just a few seconds. It's important to know that when applying for finance a hard credit check is made and this is recorded on your credit file.
Once approved, you just need to digitally sign your credit agreement, pay your deposit and then wait for your order to arrive.
In a very few cases, your application may be referred to a lender for manual underwriting. In such cases you'll be notified by email of the credit decision within 24 hours. If you're not approved for finance it could be for a variety of reasons. You should gain a copy of your credit file and this will be able to give you more information.
Repaying the loan
Your first direct debit payment will be taken about 30 days after you have received your purchase. This will show on your statement as a payment to Specialist Lending Ltd. You have the right to repay all or part of the loan early at any time.
There is a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this, you need to notify Duologi.
A finance agreement does not affect our standard refund and returns policy. Just contact us and we can cancel your application and Duologi will refund your deposit. They will let you know of any outstanding balance if applicable.
Feel free to give us a ring on 01253 893091 or send us an email at email@example.com, and we'll be happy to answer any questions you might have.
The legal bit
Cool Blades Ltd is authorised and regulated by the Financial Conduct Authority, register number 832460 and acts as a credit intermediary. Finance is provided by Duologi which is a trading name of Specialist Lending Ltd. You will be offered the best rate available based on your personal credit history and Duologi's credit decision policies.
Duologi is a trading name of Specialist Lending Ltd. They are registered in England and Wales (company number 10664999) and authorised and regulated by the Financial Conduct Authority (register number 774712). For more information please go to www.Duologi.com/faq or visit www.Duologi.com.