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personal finance products

Our finance products

We know that making an expensive purchase can be a big decision. Our loans are designed with our customers in mind, to make the choice that little bit easier.

No matter what you're financing – an extra bathroom to help beat the morning race for the shower, or a new sofa to replace a well-loved favourite – our personal loans, available through your retailer or motor dealership, are designed to help spread the cost.

  • Motor finance product Motor finance product

    Product

    Personal contract purchase (PCP)

    Conditional sale motor loan

    Personal motor loan

    Personal motor loan with a balloon payment

    Finance type

    Secured fixed-term loan

    Secured fixed-term loan

    Unsecured fixed-term personal loan

    Unsecured fixed-term personal loan where part of the loan amount is deferred and paid at the end of the loan term (known as a ‘balloon payment’)

    Vehicles financed

    Cars & lifestyle vehicles

    Cars, lifestyle vehicles & static caravans

    Cars, lifestyle vehicles, motorhomes & touring caravans

    Cars & lifestyle vehicles

    Secured against vehicle?

    Yes

    Yes

    No

    No

    Interest applied?

    Yes

    Yes

    Yes

    Yes

    Loan Value

    £1,500 and £50,000

    £1,500 and £50,000

    From £1,500 to £50,000

    From £1,500 to £50,000

    Loan term

    1 – 4 years

    For cars: 1 to 5 years
    For static caravans: 1 to 12 years

    For cars: 1 to 5 years
    For motorhomes and touring caravans: 1 to 12 years

    1 to 4 years

    Product details

    • Customers are responsible for the vehicle as though you own it, but BPF are the legal owner until you have repaid the loan in full
    • You must keep the vehicle in your possession and control, in good condition and roadworthy (including an MOT), have it serviced regularly, and buy appropriate insurance
    • The loan includes an agreed mileage limit. If you exceed this limit and the car is returned to us, an excess mileage charge will apply
    • As part of the PCP agreement we will set a Guaranteed Minimum Future Value (GMFV) which is the amount we agree the vehicle will be worth on the date of your final payment if all the terms have been met
    • At the end of the PCP agreement you can choose to either: own the car by making the final repayment, return the car with nothing more to pay, or part exchange it for a new car subject to settlement of the loan
    • Customers are responsible for the car or caravan as though you own it, but BPF are the legal owner until you have repaid the loan in full
    • At the end of the agreement, you become the legal owner of the car or caravan as long as you have made all the repayments and met the terms and conditions of the agreement
    • You must keep the car or caravan in good condition, have it regularly serviced, buy appropriate insurance and not make changes to it
    • Customers own the vehicle and make monthly repayments
    • Customers own the vehicle and make monthly repayments
    • Offers lower monthly repayments but you will need to make a lump sum payment (balloon payment) at the end of the loan
  • Retail finance product Retail finance product

    We provide loans and finance products, through our approved network of retailers, for the following retail products:

    • Home Improvement - Kitchens, Windows, Conservatories, Heating
    • Electrical - Sewing Machines, TVs, Sound Systems, Lights Systems
    • Furniture - Carpets, Sofas, Beds, Bathrooms, Furniture
    • PC & Leisure - Personal Computing, Phones, Exercise Equipment, Cycling/Bicycle Equipment
    • Other - Jewellery, Alloy Wheels / Motor Accessories

    Product

    Personal loan - interest free

    Personal loan - with buy now pay later

    Personal loan - interest bearing

    Finance type

    Fixed-term personal loan without interest

    Fixed-term personal loan where first monthly payment is deferred for a set period or until a specified future date

    Fixed-term personal loan with equal fixed monthly payments throughout the loan agreement

    Secured loan?

    No

    No

    No

    Interest applied?

    No

    See product details

    Yes

    Loan Value

    Up to £50,000 depending on product financed

    Up to £50,000 depending on product financed

    Up to £50,000 depending on product financed

    Loan term

    1 – 5 years

    1 – 5 years

    1 – 5 years

    Product details

    Under a buy now pay later loan, customers can choose from the following options:

    • Repay the loan in full (only during the buy now pay later period or before the deferral period ends). There is no interest to pay, but there may be a settlement fee
    • Start to make repayments after the buy now pay later deferral period ends, we will add interest to the loan from the start of the loan agreement and you make regular monthly repayments
    • Interest is charged from the start of the loan agreement if you do not pay off the loan before the end of the deferral period
  • Who can apply? Who can apply?

    To be eligible to apply for one of our finance products, you must be:

    • 18 years or over on the date of application
    • A permanent UK resident for a minimum of three years and either:
      • In regular, permanent employment working a minimum of 16 hours a week (including students)
      • Self-employed
      • Retired from regular employment and aged 50 years or older
      • Not working due to a disability

    All applications are subject to a credit check and successfully meeting our underwriting criteria.

Managing your account

Managing your account

How to make payments, obtain an account balance and update your personal details

Your loan explained

Your loan explained

Find out about interest rates, APR and the fees associated with your loan

Need some help?

Email us

Fill out our online form, we'll aim to respond within 48 hrs.

Call us

Call us today. Lines are open Monday - Friday 9am - 6pm Saturday 9am - 5pm

0800 15 22 888*

0044 123 668 1763**from overseas

*Calls to 0800 numbers are free from UK land lines and personal mobiles, otherwise call charges may apply. Please check with your service provider. Calls may be monitored or recorded in order to maintain high levels of security and quality of service.
**International calls will be charged at a higher rate – please check with your telecoms provider.