Spread the cost of your online basket!

Payl8r is a simple payment option that enables you to buy the goods and services you require now, and spread the cost over a time period to suit you!

£

*Important - The Interest rate given is subject to credit. The above is an example only

Why use Payl8r?

We've got you covered

  • Apply without affecting your credit
  • High acceptance rates
  • Low interest rates
  • Interest free periods
  • Flexible friendly finance

Interested?

How does it work

  • 1. Checkout with Payl8r

    • Click the Payl8r option at the checkout

  • 2. Our payment process

    • Select deposit, instalment plan & complete the 60 second application form.

  • 3. Receive Confirmation

    • Your items have been paid for and on their way to you!

  • 4. Account Setup

    • Log into your account to view all purchases and payment dates.

- Repayments -

How do I repay Payl8r?

You can repay in full within 30 days at 0.0% interest, or choose an instalment plan to repay on a monthly basis. You can change your instalment plan at any time.

Interest rates from 1% per month - remember, if you pay in full in the first month, your loan will be at 0% interest.

Click the Payl8r button at the checkout on participating stores and you will receive an answer within minutes.

Qualification

Will I qualify?

  • No CCJs within the last 3 years
  • No accounts in default
  • Be a UK resident
  • Have online banking
  • Have a regular source of income

Finance is subject to your ability to repay the loan.

Affordability

How do we assess your affordability?

If you fail a traditional credit check, rather than rejecting your application we may give you the option to submit your affordability instead by supplying an electronic 90 day bank statement.

Representative Example: If you borrow £200 over 12 months at a fixed monthly interest rate of 4% and an annual rate of 48% and representative annual percentage rate of 127.34% You will pay:
Monthly payment: £24.66. Total amount you repay: £295.92 Total charge for credit: £95.92

WAU BIKE is a registered Trading name, Credit Introducer and Appointed Representative of Social Money Ltd t/a Payl8r, a company registered in England under company number 08054296 and is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 675283. registered with the Office of the Information Commissioner reference number 08054296.