V12 Finance
With V12, should a refund take you below the minimum finance threshold of £250, then we will have to cancel the finance agreement. The customer will then need to pay for the remaining goods with a different payment method. we will either:
As V12 Finance can only be taken out for orders that are over £250.00 this is important when returning items.
Your finance agreement still has to be for a value of OVER £250.00 AFTER you have returned something.
Consider these examples.
1) If you place an order for £500.00 and return £50.00 worth of items, we will reduce the finance application by £50 and your monthly payments will adjust accordingly.
2) If you place an order for £300.00 and return £100.00 worth of items, we have to cancel the finance agreement and you will pay us £200 for the item/s you have kept.