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We have assessed the 'Buy Now - Pay Later' offer that was being offered on www.lifeismusic.co.uk and we feel that for most people it did not offer good value for money, therefore we have decided not to offer this any longer.
This type of finance arrangement makes it easy for you to miss the 6 months free interest deadline, and slip into the payable interest period where interest is backdated at a rate of 29.8% APR.
This could mean that on a £1000 purchase, you end up having to pay over £1600.
If you REALLY must have it now, we recommend applying for a credit card with an interest free period, or low interest introductory period. Even if you do end up paying interest, it will be less than 29.8%, and it will be easier for you to borrow sensibly and manage your borrowing commitments.
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