3 YEARS INTEREST FREE CREDIT AVAILABLE ONLINE
0% APR REPRESENTATIVE
NO DEPOSIT REQUIRED
Spread the cost of your special purchase with our interest-free credit finance. Whatever your style, whatever the occasion, you’re sure to find the perfect piece of jewellery at Born™ Lab Grown Diamonds. With our flexible interest-free credit options, you can spread the cost over a period that suits you.
Simply spend a minimum of £500 and choose a payment term from 6 months to 3 years, depending on the value of your item(s). No deposit is required, but if you prefer, you can still make a deposit to lower your monthly payments.
Enjoy no interest charges, no early settlement fees, and a straightforward online application process.
Born™ Lab Grown Diamonds operates under Fraser Hart Limited. Fraser Hart Limited acts as a broker and not the lender and only offers finance from Secure Trust Bank PLC T/A V12 Retail Finance. Fraser Hart Limited is authorised and regulated by the Financial Conduct Authority, Registration Number 710549.Subject to age, status and affordability, minimum spend applies.
Completing an Interest Free Credit Application Online
Applying for Interest Free Credit online is simply and easy with our secure checkout. Follow the step by step guide below.
The tables below are representative examples of how much monthly repayments will be based on a total order value. Additionally, the table below shows the minimum spend and deposit amounts.
|
MINIMUM SPEND |
LOAN TERM (MONTHS) |
MINIMUM DEPOSIT |
|
£500 |
6 |
£0 |
|
£500 |
9 |
£0 |
|
£500 |
12 |
£0 |
|
£500 |
18 |
£0 |
|
£750 |
24 |
£0 |
|
£750 |
36 |
£0 |
|
EXAMPLE BASED ON 24 MONTHS INTEREST FREE CREDIT |
|
|
Cash price |
£1,550 |
|
Deposit (10%) |
£155 |
|
0% APR Representative |
|
|
Interest rate |
0% fixed |
|
Number of payments |
24 |
|
Monthly payment |
£58.12 |
|
Total amount payable |
£1,550 |
|
EXAMPLE BASED ON 36 MONTHS INTEREST FREE CREDIT |
|
|
Cash price |
£2,800 |
|
Deposit (10%) |
£280 |
|
0% APR Representative |
|
|
Interest rate |
0% fixed |
|
Number of payments |
36 |
|
Monthly payment |
£70 |
|
Total amount payable |
£2,800 |
1. Add to Cart
Add your chosen product to your Cart.
2. Proceed to Checkout
Select ‘Checkout’ to purchase your chosen product(s). Within Checkout you’ll need to complete the four steps. Existing customers can sign in to their account and new customers have the option to Checkout as a guest or to create an account. Enter the requested information about yourself including your billing address and select your preferred method of delivery. The products must be delivered to your billing address so please ensure this is selected in the ‘Delivery’ section of Checkout. Please make sure the delivery address entered on the Born™ Lab Grown Diamonds website matches the address provided in the V12 application. If the addresses differ, the delivery will be made to the address approved in the V12 application.
Any order placed online using V12 Retail Finance must be fulfilled strictly in accordance with the delivery method and address provided in the finance application. Home delivery orders must be delivered to the address stated in the application and cannot be amended, redirected to a collection point, or changed in transit.
Please note: your order will only be dispatched once your order and credit application have been accepted by V12 Retail Finance. Subsequently, the delivery timeframes will vary for credit applications. Here you can choose whether you wish to pay for a deposit to lower your monthly payments.
3. Applying for Finance
Once you have confirmed your order, you will be directed to V12 Retail Finance’s website, our exclusive finance partner, authorised and regulated by the Financial Conduct Authority (FCA).
Upon approval of your finance application, you will be required to pay your deposit, if chosen, prior to e-signing your finance agreement with V12 Retail Finance.
Frequently Asked Finance Related Questions
Below are some of the most commonly asked questions regarding finance online. If you cannot find the answer you are looking for in our FAQs, please contact us directly. For specific queries related to a credit agreement, application or payment arrangements please contact V12 Retail Finance Customer Service team directly on 02920 468 912 Monday to Friday 9.00am to 5:00pm.
1. What can I buy with Interest Free Credit?
Interest free credit is available on fully priced Born lab-grown diamond rings and jewellery over £500.
2. Can I return an item paid for by Interest Free Credit?
Should you wish to return/exchange an item purchased online by Interest Free Credit, please contact our Concierge team.
3. How do I choose to pay by Finance?
Refer to our step by step guide to use our Finance option.
4. Who is eligible to apply for Finance?
To apply for finance, you must be over the age of 18, work at least 16 hours a week in a permanent job, or be retired with an income. You must also be a resident of the United Kingdom and have lived in the UK for the last 3 years or more.
5. Once my application is approved, what happens next?
Within minutes of your application being approved, you will be presented with the option to e-sign your credit agreement by V12 Retail Finance. You should read the credit agreement carefully before clicking all the relevant sections agreeing to its terms. Once you have agreed to the terms of the credit agreement Born™ Lab Grown Diamonds will be notified and you need do nothing more. Please note, that products will not be allocated to your order until your completed and e-signed agreement is completed . The dispatch and delivery of your order goods will follow soon after your agreement has been completed.
6. When is the agreed deposit taken?
The deposit will be taken once your finance application has been approved by V12 Retail Finance.
7. How do I avail of £0 deposit?
To avail of £0 deposit, note Your Deposit as £0.00 on the V12 Retail Finance’s website where you will be completing your application.
8. When do my repayments start?
Your monthly repayments to V12 Retail Finance will begin one month after your purchase has been delivered. For specific queries related to payment arrangements please contact V12 Retail Finance Customer Service team directly on 02920 468 912 Monday to Friday 9.00am to 5:00pm.
9. Are there any arrangement fees or hidden extras for credit?
No. There are no arrangement fees or hidden extras. The monthly instalments are equal amounts and there are no early repayment fees. For specific queries related to payment arrangements and a credit agreement please contact V12 Retail Finance Customer Service team directly on 02920 468 912 Monday to Friday 9.00am to 5:00 pm.
10. Can I repay my loan earlier?
Yes, you can repay your loan at any time. Please contact V12 Retail Finance Customer Service team directly on 02920 468 912Monday to Friday 9.00am to 5:00pm, to discuss potential options for repaying a loan early.
11. Will you credit score me, and if so, what does this mean?
Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance.
12. If you decline my credit application, what is the reason?
The decision to decline your credit application is made by V12 Retail Finance and is not under our control. In addition to credit scoring, V12 Retail Finance also take into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though we are unable to provide you with a main reason for decline of your application, it is usually based on one, or a combination of the following:
- Your credit score (note that every finance company will score you differently.
- Adverse credit reference agency information.
- You are considered to be overcommitted.
- Your existing account performance with other lenders.
Please rest assured that the decision to decline your application is known only to yourself and V12 Retail Finance, Born™ Lab Grown Diamonds and not anyone outside the organisation. Please read the email from V12 Retail Finance carefully, which provides further information and details of how to appeal against the decision and how to contact V12 Retail Finance for further information.
13. What type of information do credit reference agencies hold about me?
Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.
14. How do I obtain a copy of the credit information held about me?
You should send a cheque for £2.00 made payable to the relevant company, together with details of all addresses at which you have lived over the last 6 years: Consumer Help Desk, Experian Limited PO Box 8000 Nottingham NG1 5GX Equifax Ltd., Credit File Advice Centre. PO Box 1140. Bradford, BD1 5US Consumer Services, Callcredit Limited, PO Box 491, LEEDS, LS3 1WZ The above listed agencies will provide details of information relating to these addresses. If you believe that the information is incorrect, you can ask the agency to correct it.
15. If my application is not successful, can I re-apply?
Yes. We acknowledge that your circumstances change and just because V12 Retail Finance have refused a previous application, it does not mean that V12 Retail Finance will automatically turn down a further request. V12 Retail Finance do suggest however, that you leave at least 6 months between applications.
16. Can I request delivery to an address other than my home?
In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant. See full information about our Buy & Collect service and conditions of use. Unfortunately, we are unable to deliver interest free credit items for Express delivery the next day. Once your application has been approved and confirmed to us by V12 Retail Finance we will inform you when your order will be delivered.
17. Do your normal delivery timeframes apply for orders paid using Interest Free Credit?
In order for V12 Retail Finance to process your credit application, we are unable to meet our delivery timescales. Once your application has been approved and confirmed to us by V12 Retail Finance we will inform you when your order will be delivered. Please note, Express delivery is not available for purchases made using Interest free credit. Born™ Lab Grown Diamonds (operated by Fraser Hart Limited) acts as a credit broker and only offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Fraser Hart Limited is authorised and regulated by the Financial Conduct Authority, registration number 710549. Credit provided subject to age and status.
18. Making a Complaint
Our goal is to ensure that every shopping experience with us is excellent. If you ever encounter an issue with our service or our finance partners, please inform us via our contact us page so that we can address it promptly. If you are dissatisfied with our response and your agreement is regulated by the Financial Conduct Authority, you have the right to refer your complaint to the Financial Ombudsman Service, free of charge, but you must do so within six months of the date of the final response or 8 week holding letter. Further information and contact details can be found on https://www.financial-ombudsman.org.uk.