Very - BNPL system

olliekv

Hi,

First off I'd just like to say I'm new to this site and haven't quite got to grips with the workings of it so if I'm in the wrong the wrong section I do apologise and if you could kindly point me in the right direction that would be wonderful. Thanks.

Anyway my question is, has anyone had experience in using the Buy Now Pay Later service on Very/Littlewoods and does it work as I think it does? I can order the product at the stated price on the webpage and then I can pay any sum of money at any point within the 12 months to contribute to the overall cost and as long as I pay the entirety of the cost within the 12 months there won't be any interest.
For example a £560 PC I can pay -
Month 1 - £50
Months 2 through 5 - £0
Month 6 - £200
Month 7 - £110
Month 8 - £60
Month 9 - £140

and then at that point it doesn't matter that I still have 3 months left the PC is paid off and all ties are cut with Very/Littlewoods. If this isn't the case please can you enlighten me on the subject.

Thank you very much.

BusyBargainz

I often use the buy now pay in 12 months feature on Very and yes that is how it works. I usually split the balance over 12 months and pay monthly but sometimes if I need the money for something else I just double my payment the month after.

As long as its all paid before the end of the payment term you won't get charged interest .

You will need to pay the £3.95 (I think it is) postage after a month though as that won't be included in your BNPL total.

Hope this helps!