Understanding Pay Weekly Stores
At BrightHouse, we understand that it's not always possible to make a payment in one go. That's why, as a weekly payment store, we allow you to spread the cost across all of our products, making payment instalments over two, three or four years (Representative APR 49.3% - 69.9% Fixed).
How do weekly payment stores work?
Pay weekly stores allow you to buy now and pay weekly, spreading the cost over a set amount of time to make your purchase more manageable, at a fixed interest rate. At BrightHouse, we’ll always show you exactly what you’ll pay before you sign-up, both week by week and overall. Payment plans are always available to view before commitment, which you can see within the product pages.
What are the benefits of pay weekly?
No deposit - We don’t ask for a deposit. All you need to do is make your first weekly payment and we'll arrange for the delivery and installation of your product right away.
Smaller, more manageable payments - Our pay weekly plan allows you to split the cost of large purchases over a period of time at a fixed borrowing rate of 49.3% - 69.9%. This could be a handy option if you get paid weekly and can only manage small payments at a time, taking away the need to fulfil a large payment all in one go.
Improved credit rating - By showing that you can make your weekly payments, you could improve your credit rating. If you'd like to know more about this, we’ve put together a handy guide on how to improve your credit rating.
Can I pay weekly with bad credit?
A low credit rating can make it tricky to gain approval when buying on credit. There are many reasons why a person may have a low credit rating (the most common is from previous financial troubles), but this is not always the case. This could simply be because you haven't applied to purchase products on credit yet. We look at the ability of our customers to pay for products now and in the future, rather than basing this solely on past credit history.
Find out more about BrightHouse finance options for individuals with a bad credit rating.
How to apply for a pay weekly agreement
To apply for credit repayable on a weekly basis, simply apply online or visit one of our 281 stores across the UK (you can find your local using our store finder). As part of the process, we'll perform a credit and affordability check so we can determine whether our pay weekly payment plan will work for you. Find out more about how we carry out credit checks.
Pay weekly additions
At Brighthouse, you must have insurance in place with any product. If you’re not already covered by pre-existing insurance, we can provide you with the cover you need. Add BrightCare to your purchase to protect your products against life’s little mishaps, meaning if you accidentally damage your product or it goes missing, we’ll repair or replace it right away. You can find out more about BrightCare here, as well as product insurance.
We believe in forming positive, long-term relationships with our customers, so it's not in our interest to over-extend, or put you in a difficult financial position. We're on hand to support you throughout your time with us and we strictly adhere our Lending Charter.