Flexible Finance Options at Halfords & National Tyres

Unexpected car repairs, essential maintenance, or even the desire for new motoring accessories can often put an unforeseen strain on your budget. At Halfords and National Tyres & Autocare, we understand that spreading the cost can make all the difference, transforming large one-off payments into more manageable instalments. This guide will walk you through the various flexible finance options available, helping you understand how you can acquire the products and services you need without financial stress.

Our commitment is to provide you with clear, accessible ways to pay, covering spends over £30. Whether you're in a Halfords retail store, browsing online for click and collect, or getting vital work done at a Halfords Autocentre or National Tyres garage, there's a finance solution tailored to your needs. Dive in to explore the possibilities and find the perfect payment plan for you.

Halfords Retail Store Finance Options: Powered by Klarna

For purchases made in Halfords retail stores or via our online platform for home delivery or click and collect, Klarna offers a diverse range of finance plans. These options are designed to provide maximum flexibility, allowing you to choose a repayment schedule that best suits your financial situation. From short-term interest-free periods to longer-term fixed APR plans, Klarna makes it easy to spread the cost of your motoring and cycling essentials.

Understanding Klarna's Retail Payment Plans

Klarna provides several distinct payment options, each with its own benefits. It's crucial to understand the terms of each to make an informed decision:

• Pay in 30 Days: This option allows you to receive your goods and pay the full amount within 30 days, interest-free. It's ideal if you need an item immediately but prefer to pay slightly later, perhaps after your next payday.
• Pay in 3: Split your purchase into three equal, interest-free instalments. The first payment is made at the time of purchase, with the remaining two scheduled over 60 days. This is perfect for mid-range purchases where you want to spread the cost over a shorter period without incurring interest.
• Longer Term Plans (6, 12, 24, 36, 48 Months): For larger purchases, Klarna offers extended repayment periods. Some of these, like the 12-month plan for spends over £999, are 0% APR, providing a significant advantage for substantial investments. Other plans, such as 6, 24, 36, and 48 months, come with a fixed 18.9% APR. These options are excellent for spreading the cost of high-value items like premium tools, advanced car parts, or bicycles over a more extended period.

Please note that minimum spend thresholds apply to certain plans, ensuring that the finance option is appropriate for the value of your purchase.

Halfords Retail Finance Options Overview

Illustrative Examples of Klarna Retail Finance

The following table provides illustrative examples of how repayments might look for different total spend amounts and durations. Please remember that these are examples only, and your exact repayments will be confirmed during the application process.

Halfords Garage & National Tyres Autocare Finance Options

When it comes to vehicle maintenance and repairs, unexpected costs can arise. Halfords Autocentres and National Tyres & Autocare offer flexible finance solutions through both Payment Assist and Klarna, providing you with the convenience to spread the cost of your garage services. These options ensure that essential work on your vehicle doesn't have to wait due to immediate financial constraints.

Understanding Payment Assist and Klarna Garage Plans

Both Payment Assist and Klarna offer various plans for garage services, catering to different needs and invoice amounts:

Payment Assist Options:

• Buy Now Repay in 7 (0% APR): This plan allows you to make a deposit and then spread the remaining cost over three subsequent monthly payments, starting from month 7, all interest-free. It's designed for slightly larger invoices where you need a significant grace period before starting repayments. Available on purchases of £99+.
• Pay in 4 (0% APR): Divide your invoice into four equal, interest-free payments. An initial payment is made upfront, followed by three further monthly instalments. This is a straightforward option for managing the cost of routine maintenance or minor repairs.
• Pay in 6 (18.9% APR): For larger service bills, this option allows you to spread the cost over six months with a fixed 18.9% APR. Available on purchases of £99+.
• Pay in 12 (18.9% APR): The longest Payment Assist option, ideal for significant repairs, allows repayments over 12 months with a fixed 18.9% APR. Available on purchases of £99+.

Klarna Options for Garages:

Similar to retail, Klarna also extends its flexible payment solutions to Halfords Autocentres. These options provide familiarity and consistency for those already accustomed to Klarna's services:

• Pay in 30 Days (0% APR): Pay the full invoice within 30 days.
• Pay in 3 (0% APR): Split your invoice into three interest-free payments.
• Longer Term Plans (6, 12, 24 Months): Available with 0% APR for 12 months on purchases over £999, or 18.9% APR for 6 and 24 months on varying minimum spends.

Halfords Garage & National Tyres Autocare Finance Options Overview

Illustrative Examples of Garage Finance Options

Here are illustrative examples for various finance plans available for garage services. Actual repayments may vary based on your specific purchase and credit assessment.

How to Apply for Halfords Flexible Finance

Applying for flexible finance at Halfords is a straightforward process, whether you're shopping online or in-store. The key is to have a web-enabled device handy to complete your application. Understanding the steps will ensure a smooth process.

Applying for Online Purchases (Click & Collect / Home Delivery)

1. Step 1: Add your desired products to your online basket.
2. Step 2: Proceed to checkout and enter your billing details accurately.
3. Step 3: Select 'Halfords Flexible Finance' as your preferred payment method.
4. Step 4: Choose the duration of your finance agreement. This step will also confirm your estimated payments.
5. Step 5: Click 'Apply Now'. You will then be redirected to the Klarna platform to finalise your application.
6. Step 6 (Click & Collect): If opting for Click & Collect, remember to bring your driving licence or passport to the store for verification. The details on your ID must match those on your order. Without this verification, collection will not be possible.
7. Step 6 (Home/Work Delivery): Once your application is approved, your goods will be promptly shipped directly to your specified address!

Applying for In-store Purchases

1. Step 1: Take your chosen products to one of our friendly Halfords colleagues at the till.
2. Step 2: Inform the colleague that you wish to spread the cost using flexible credit.
3. Step 3: The colleague will provide you with an information leaflet detailing the finance options available for your purchase.
4. Step 4: Confirm your decision to proceed with the finance payment.
5. Step 5: Once the colleague initiates the transaction, you will be prompted to complete your application on a mobile device (e.g., your smartphone). Ensure you have internet access.

It's important to note that all finance applications are assessed individually by the respective providers (Klarna or Payment Assist). Decisions are based on your personal circumstances and credit assessment. Should an application be declined, you can still complete your purchase using alternative payment methods like card or cash. The decline email will typically detail the credit reference agency used, allowing you to seek further information on your individual credit circumstances if desired.

Important Terms and Conditions: Your Financial Responsibility

Before committing to any finance agreement, it's vital to thoroughly understand the terms and conditions. These agreements represent a serious financial commitment, and being fully informed is key to responsible borrowing.

Klarna Terms and Conditions:

Halfords Ltd acts as a credit intermediary and not a lender, offering credit products exclusively by Klarna Financial Services UK Limited. Finance is available on spends over £30. You must be aged 18 or over and a permanent UK resident, subject to status. It's crucial to spend responsibly. Late or missing payments can have serious consequences, potentially causing significant money problems and negatively affecting your credit rating. A damaged credit rating can make it harder or more expensive to obtain credit in the future. Please be aware that 'Pay in 30 days' and 'Pay in 3' options are not regulated by the Financial Conduct Authority (FCA). For full details, always refer to Klarna's official terms and conditions.

Representative Example (Klarna): 18.9% APR representative based on a loan amount of £300 repayable over 24 months at an interest rate of 18.9% p.a. (Fixed). Monthly repayment of £14.90 and a total amount payable of £357.60. Total charge for credit £57.60.

Payment Assist Terms and Conditions:

Halfords Autocentres Ltd and National Tyre Service Ltd (t/a National Tyre and Autocare) act as credit intermediaries, not lenders. They offer credit products provided by a limited number of finance providers, including Payment Assist. Finance is available to permanent UK residents aged 18 or over, subject to status. Similar to Klarna, late or missing payments may have severe consequences for your financial well-being and credit rating. Late fees may also apply. Please note that Payment Assist's 'Pay in 4' and 'Buy Now Repay in 7' products are not regulated by the FCA. Always consult Payment Assist's terms and conditions for complete information.

Representative Example (Payment Assist): 18.9% APR representative based on a loan amount of £300 repayable over 12 months at an interest rate of 18.9% p.a. (Fixed). Monthly repayment of £27.42 and a total amount payable of £329.08. Total charge for credit £29.08.

Frequently Asked Questions about Halfords Finance

Here are some common questions about the finance options available at Halfords and National Tyres & Autocare:

What is the minimum spend required to use finance?

Generally, finance options are available for spends over £30. However, specific plans, especially longer-term or 0% APR options, may have higher minimum spend requirements, such as £99, £199, £399, or £999. Always check the specific terms for the plan you are interested in.

Will applying for finance affect my credit score?

When you apply for finance, the provider (Klarna or Payment Assist) will conduct a credit assessment. This typically involves a hard credit check, which may leave a mark on your credit file and could impact your credit score. However, many providers offer a 'soft search' initially that doesn't affect your score, with a hard search only occurring if you proceed with the application.

What happens if I miss a payment?

Missing payments can have serious consequences. Both Klarna and Payment Assist may charge late fees, and your credit rating could be negatively affected. This can make it more difficult and expensive to obtain credit in the future. It's crucial to ensure you can meet the repayment schedule before entering into an agreement.

Can I use finance for both products and services?

Yes, Halfords offers finance for both retail products (tools, parts, accessories, bikes) and garage services (repairs, MOTs, servicing) through Halfords Autocentres and National Tyres & Autocare. The available finance providers and specific plans may vary slightly between retail and garage services.

Is 0% APR always available?

No, 0% APR (interest-free) options are available on specific plans and for certain purchase amounts, typically for shorter durations like 'Pay in 30 days' or 'Pay in 3', or for very high value purchases over longer periods (e.g., 12 months for £999+). Other plans may have a fixed interest rate, such as 18.9% APR. Always check the interest rate associated with the plan you choose.

What documents do I need to apply?

For online applications, you'll generally need your billing details. For Click & Collect or in-store applications, you may need a form of photo ID such as a driving licence or passport to verify your identity. A web-enabled device (like your smartphone) is usually required to complete the digital application process.

Can I apply if I'm not a UK resident?

No, all finance options offered are only available to permanent UK residents aged 18 or over.

What if my finance application is declined?

If your application is declined, you will typically receive an email from the finance provider (Klarna or Payment Assist) explaining the decision and often indicating which credit reference agency was used. You can still choose to pay for your goods or services using alternative methods like a debit/credit card or cash. A decline decision is based on your individual credit circumstances at the time of application.

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