Payment plans – Interest Free and APR bearing
Are you considering having treatment, but unsure about what is the best way to pay for it? If so, you might be interested in the payment plans we offer at Gardens Dental Centre to fund your treatment.
How do I apply?
You will need to complete a simple, online credit application, which one of our staff can help you with. The information is transmitted to the lender immediately and a reply is usually received by return. You can then either sign a credit agreement that we print for you, or have it emailed for you to complete at home.
How much can I borrow?
You can borrow between £350 and £25,000, subject to status.
You must be over 18 to apply, and you must have lived in the UK for at least 3 years. You or a partner need to be in full time employment (i.e. 16 hours, or more, per week), self-employed, retired and over 50 years of age or in receipt of regular and consistent income of a minimum of £10,000.
Do I have to pay a deposit?
A deposit is not required, but if you want to pay one and so reduce the amount you borrow, this is completely up to you.
How much are the repayments?
This this will depend on the amount of money you borrow and whether you pay a deposit. Our staff will show you, completely without obligation, the monthly repayments for your treatment.
We offer interest free finance over 12 months, and interest-bearing finance at 9.9% APR over longer terms.
Examples of the monthly repayments for different treatment costs and repayment terms are shown below:
| Treatment Cost | £599 | £2,500 | £5,000 |
| Deposit Paid | £0 | £500 | £1,000 |
| Amount on Credit | £599 | £2,000 | £4,000 |
| Number of Months | 12 | 24 | 48 |
| Payment per Month | £49.91 | £91.83 | £100.49 |
| APR | 0.0% | 9.9% | 9.9% |
| Total amount repaid | £599 | £2,703.92 | £5,823.52 |
How do I make the repayments?
The monthly payments are collected by Direct Debit, starting one month after you sign the credit agreement, and are subject to the usual guarantee from your bank.
When can I start the treatment?
As soon as the credit agreement has been signed, you can start your treatment immediately.
What if I decide that I no longer want the finance?
There is a statutory ‘cooling off’ period of 14 days after signature, during which you can cancel the credit agreement, with no cost to you. However, if you have already started the treatment which would have been financed, you will have to make other arrangements to pay for it.
Who provides the finance?
The finance is arranged through Chrysalis Finance Ltd., a company authorised and regulated by the Financial Conduct Authority to carry out the regulated activity of credit broking under Firm Reference Number 631193.
JSJ Toothkind Ltd trading as Gardens Dental Centre is an Appointed Representative of Chrysalis Finance Limited, which is authorised and regulated by the Financial Conduct Authority to carry out the regulated activity of credit broking.