Finance
Single Lender Broker Disclosure.
Credit subject to status and affordability. Terms & Conditions Apply. Cousins Furniture Stores Limited trading as Cousins Furniture Stores Limited are authorised and regulated by the Financial Conduct Authority. We are a credit broker not a lender – credit is subject to status and affordability, and is provided by Mitsubishi HC Capital UK PLC. Terms & Conditions Apply.
Credit is provided by Mitsubishi HC Capital UK PLC, a trading style of Novuna, authorised and regulated by the Financial Conduct Authority. Financial Services Register no. 704348. The register can be accessed through http://www.fca.org.uk.
We have different types of finance options available, including Interest Free Credit and Deferred Interest Bearing. You can view examples of each type below. Cousins may have different option(s) available right now. Please consult with Cousins which finance options are currently available.
Interest Free Credit
The cost of the goods (less the deposit) is spread evenly across the chosen term. There is no interest on the finance.
Representative example:
Finance Details: Term = 24 months
Rate Interest = 0% APR = 0.00% per annual, fixed
Goods Price = £500
Deposit = £100
Loan Amount = £400
Monthly Instalment = £16.65
Total Amount Payable = £500
This means 24 instalments of £16.65 starting one month from the live date of the agreement.
Deferred Interest Bearing
The customer has nothing to pay for the pre-agreed Deferred Term and if the agreement is settled before the end of the Deferred Period, there is nothing further to pay. However if the customer continues the loan beyond the Deferred Term, the cost of the goods (less the deposit) is spread evenly across the term of the loan at the pre-agreed APR. This is also sometimes known as Countdown Interest Bearing Credit.
Representative example:
Deferred Term = 12 months / Term = 36 months
Rate Interest = 12.9% APR = 12.9% per annual, fixed
Goods Price = £1000
Deposit = £200
Loan Amount = £800
Monthly Instalment = £26.65
Total Amount Payable = £1159.40
This means 36 instalments of £26.65 pounds with the first instalment due 12 months after the agreement starts.
Finance is subject to availability, changes and credit approval.
A. To apply for online finance with Cousins Furniture, applicants must meet the eligibility criteria set by our finance provider. Finance is available to help spread the cost of your furniture purchase, making it easier to buy the items you need for your home.
A. Within minutes of your application being approved, you will be presented with the options to either e-sign or print and return your finance agreement. If you choose to e-sign your agreement, a PDF of your agreement will be displayed on screen. You ...
A. Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding...
A. Yes. We acknowledge that circumstances change and just because a previous application has been refused, it does not mean that a further request will automatically be turned down. We do suggest however, that you leave at least 6 months between applications...
A. In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant.
A. Your finance repayments will usually begin after your furniture has been delivered, although the exact start date will depend on the terms and conditions of your finance agreement with the finance provider.
A. Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on ...
A. As Express Delivery items are available for next working day delivery, we regret that they are not eligible for the Pay by Finance option.
A. We will contact you by email to confirm that your order is being processed after we’re informed by the finance institution that your application as been fully accepted. We can not process your order until we are contacted directly by the finance institution...
A. At Cousins Furniture, we believe in keeping our finance options clear and transparent. Any fees, charges, interest, and repayment details will be clearly explained before you complete your finance application.
A. In addition to credit scoring, Mitsubishi HC Capital UK PLC also takes into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though Mitsubishi...
A. Applying for online finance with Cousins Furniture is quick and straightforward. Finance allows you to spread the cost of your furniture purchase with manageable monthly repayments, subject to approval from our finance provider.
A. How do I obtain a copy of this information?Send a request to the relevant credit reference agency, together with details of all addresses at which you have lived over the last 6 years:• Experian Limited, Customer Support Centre, PO Box 9000, Nottingham...
A. If your complaint relates to the finance linked to your purchase you can still let us know about this, but we will forward it on to your credit provider Novuna Personal Finance. Novuna will acknowledge your complaint and investigate it thoroughly and issue their response within eight weeks.