Finance
We offer finance to our customers on all orders over £560 with a minimum loan amount of £500, subject to age and status.
We give you 4 different finance options of 6, 12, 24 and 36 months.
0% APR interest credit is available for 6 monthly repayments and 12.9% APR Representative credit is available for 12, 24 or 36 monthly repayments with a choice of 10% - 50% deposit.
How to Apply? On the last page of the checkout select 'Finance' and select your preferred repayment option. After clicking submit you will be redirected to V12 Retail Finance to complete your application. It takes a few minutes and you'll often get an instant decision.
Qualifying for credit You must be over 18 years of age.
You must be a UK resident and have lived in the UK for at least 3 years.
You must have a gross annual income each year of more than £5,000.
You must have a UK bank account capable of accepting direct debits.
You must not be currently bankrupt, subject to an Individual Voluntary Agreement (IVA), or have any County Court Judgments (CCJs).
The goods must be delivered to your billing address.
V12 Retail Finance will carry out essential credit checks. An application is more likely to be accepted if you have a good credit history.
How are my monthly repayments made? Your monthly payments will be paid via direct debit from your bank account. Typically the first payment will be due one month after the goods are received.
Can I pay off my loan early? You can settle your loan agreement at any time. Simply get in touch with V12 Retail Finance and they will calculate the outstanding balance and send you your settlement figure. Your settlement figure and date are calculated in line with the Consumer Credit Act 2006.
What type of jewellery can I buy on finance? You can buy anything as long as the value is over £560.
Is a deposit required? Yes, a minimum of a 10% deposit is required.
How much can I borrow? The maximum lending amount in addition to the upfront deposit is £15,000
Representative example of credit 6 months interest free credit
Total Product Value - £1000
Less deposit (50%) - £500
Amount of credit - £500
Payable by 6 monthly instalments of - £83.30
Total amount payable 0% APR - £1000
12 months 12.9% APR representative credit
Total Product Value - £1000
Less deposit (10%) - £100
Amount of credit - £900
Payable by 12 monthly instalments of - £80.05
Cost of Credit – £60.55
Annual fixed rate of interest – 6.73%
APR representative rate of 12.9%
Total amount repayable (inc deposit) - £960.55
Important information ADJ Retail Ltd Limited T/A Angelic Diamonds acts as a credit broker and not a lender and offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance.
ADJ Retail Limited company registration number 09949321 registered in England and Wales, 13 Easter Park, Cramlington, NE23 1WQ, is authorised and regulated by the Financial Conduct Authority registration number 774874.
V12 Retail Finance Limited 4585692, York House, Arleston Way, Solihull, B90 4LH. Correspondence address: 25-26 Neptune Court, Vanguard Way, Cardiff, CF24 5PJ, is authorised and regulated by the Financial Conduct Authority registration number 679653.
Not all products provided by Secure Trust Bank PLC T/A V12 Retail Finance are regulated by the financial conduct authority .Credit is provided subject to age and status. Terms & Conditions and Minimum spend applies.
