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Pay monthly for your new boiler. No deposit and interest-free as well.

Investing in a new boiler can be a significant expense upfront, impacting your budget considerably. Fortunately, there’s a solution. Nowadays, you can opt for monthly payments on your new boiler, with 0% interest and no deposit required.
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Boiler installation in Liverpool

Can I get a boiler on finance with bad credit?

Having a less-than-ideal credit history doesn’t automatically disqualify you from securing a finance plan. Boiler finance approval rates remain high as long as you haven’t had any recent CCJs or IVAs within the last 5 years.Subprime lenders are available to assist individuals with poor credit histories. However, they may charge a higher APR percentage rate due to the associated risks.
Boiler installation in Liverpool

Finance amount

Representative example for boilers only **

£

Deposit amount.

£

Number of monthly payments

0% APR
13.9 % APR
  • monthly payments of:

    £

  • Monthly Payment: £

  • Loan Amount: £

  • Representative APR: 13.9%

  • Interest Rate: 13.9% p.a Fixed

  • Total Interest: £

  • Total Payable: £

Is a credit check needed?

Some people want to know if it is ok to get a boiler on finance or a repayment plan for a new boiler installation without completing a standard credit check.That is, however, is not possible. A standard credit check is needed by boiler on finance and pay monthly lenders.

FAQ's

We answer some of your most-asked questions

Without a doubt, you will get the same quality for your boiler as if you have paid for it in cash. This is something you shouldn’t worry about in the first place.

How you choose to pay for your new boiler has nothing to do with the quality of the service and the boiler.

Needless to say that you will receive the same warranty protection for the same period and quality regardless of the brand you go with. This includes the Alpha boiler, the Worcester Bosch boiler or the Viessmann boiler.

There are certain conditions that must be met before you apply for a loan with Duologi:

  1. Be 18 years or over at the date of the application. Back to contents
  2. Be no older than 75 years at the end of the loan term.
  3. Be a UK resident.
  4. Have 3 years of UK address history.
  5. Have an annual income of at least £10,000.
  6. Have a valid personal phone number and e-mail address.
  7. Have a good credit history with no late payments, county court judgements (CCJs), debt relief orders, individual voluntary arrangement (IVA) or bankruptcies.

Of course, it does. The cost of the installation can be included in your monthly plan.

In other words, you don’t have to worry about financing the installation cost. We will remove your old boiler, get you a new one and install it. And all the installation fees will be part of your monthly payment plan.

Having a bad credit history will not necessarily disqualify you from getting a finance plan. Pass rates for boilers on finance are high if you don’t have any recent CCJs or IVAs in the last 5 years.

Sub-prime lenders often help those with poor credit history. But they would charge a much higher APR % rate due to the risks involved.

*Offered subject to status and successful credit assessment. Terms and conditions apply.

What is a credit check?

• A credit search, otherwise known as a credit check, is when a company reviews your credit report.  This is to see how well you’ve managed money or credit in the past.

• A credit check shows details about your finances, such as your existing debts and credit available to you. It can also show any financial links you have with other people.

• A credit check will also show court records.  This can include bankruptcies, payment defaults, County Court Judgements (CCJs) and Individual Voluntary Arrangements (IVAs).

• Lenders use credit checks to help them decide whether to accept you for their credit products.

 

* information collected from our finance provider Duologi.