Finance

We offer 4 different finance options of 6, 12, 24 and 36 months for orders over £560 with a minimum loan value of £500, subject to age and status.

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.

The Application
To apply for the finance option you would select Finance as your preferred method of payment on the last page of the checkout and click 'submit’. You will then be redirected to the V12 Retail Finance website to complete your application. The application process should just take a few minutes and V12 Retail Finance can often provide an instant decision.

To qualify for credit you must meet the following criteria
Be over 18 years old
Be a UK resident and have lived in the UK for a minimum of 3 years prior to the application
Have a gross annual income of more than £5000 per year
Have a UK bank account which is able to accept direct debits
You must not currently be bankrupt, subject to an Individual Voluntary Agreement (IVA) or have any County Court Judgements (CCJs)
Your order must be delivered to your billing address
V12 Retail Finance will carry out essential credit checks. Your application is more likely to be successful if you have good credit history.

How do I make the repayments?
The monthly payment as agreed with your lender will be paid by direct debit from your bank account. The first payment is usually due one month after the goods are received.

Can I pay off the finance early?
Yes, you can settle the finance at any time. To do this you would just contact V12 Retail Finance directly and they will calculate the outstanding balance then provide your settlement figure. The settlement figure provided will be calculated in line with the Consumer Credit Act 2006.

What products can I get on finance?
You can finance anything available online providing the order value is over £560.

Do I need to pay a deposit?
Yes, a minimum deposit of 10% is required for all of the finance options.

How much finance can I can?
The maximum finance available is £15,000. This is in addition to the deposit paid.

A representative example of credit can be found below
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 Lorel 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, Yorke 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.