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Washing Machines & Tumble Dryers on Credit

Washing machines are the go-to appliance for most households today. Most washing machines are highly automated today and offer a plethora of options in terms of size, washing capacity, loading point and customized washes. In automated mode, the machine takes care of the temperature, number of spins and washing time based on the weight and type of clothes. Washing machines can be classified based on capacity, method of loading the clothes (top load or front load) brand and price.

washing machines

Most online shopping catalogues offer washing machines along with the option of paying for purchases by credit. Creating an account with the retailer enables customers to spread the payments for the products and pay on a weekly, fortnightly or a monthly basis. Retailers like 24ace and Very offer washing machines on credit. All customers wanting to create an account with the retailer must be over 18 years of age with a legal credit status and will be subject to a credit history check by the retailer.

Very offer a 10% discount on the first credit purchase for every customer. Very also offers a variable interest rate for customers depending on their credit history thereby benefiting customers with good credit history by providing them with a lower interest rate on products bought on credit. A 39.9% APR rate is charged on the instalments. Littlewoods and 24ace offer the option of paying for products up to 12 months after purchase. Payments made before the 12 month period will be free of any interest.

Higher spin numbers implies better drying capabilities of the washing machine. AEG and Smeg offer washing machines that can be built into a wall or a cupboard and concealed neatly. Smeg’s 7 kg 1200 spin model costs £669 and can be purchased on weekly instalments of £6.70, whereas AEG’s similarly configured model comes at a higher price of £829 at a weekly instalment cost of £8.31. AEG and Smeg are available for purchase at Littlewoods.

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