Used responsibly, finance is a great way to spread the cost of your purchase. We’ve teamed up with Novuna, whose secure technology lets you complete a loan application with one or more carefully selected lenders quickly and easily. Novuna is a credit broker, not a lender and is authorised and regulated by the Financial Conduct Authority.
Novuna connects you with lenders whose finance options are best suited for you and your purchase. As a customer of Houseproud Furnishings your finance application will be considered by Novuna Finance.
To spread the cost of your purchase, simply choose Novuna at the checkout and select the finance option that suits you. The application form is quick and simple and includes help text throughout to assist you. You will receive a decision from your lender in just a few seconds.
Please be aware that finance options are a form of credit. If you fail to maintain your payments, your lender could ask a debt collector to contact you or commence legal action to recover the money you owe. A poor repayment record will affect your credit file.
Novuna Personal Finance eligibility criteria
To apply for a loan with Novuna Personal Finance, you must:
- Be aged 21 or over
- Be a permanent UK resident — we’ll need to know your address history from the last three years
- Be in permanent paid employment, self-employed, retired with a pension or a houseperson with a partner in permanent paid employment or self-employed
- Have an income greater than £10,000
- Have a bank or building society account
- Have a good credit history
Available Finance options
We want to make our furniture accessible to everyone and allow you to shop on your own terms, which is why we partnered with Novuna to give you the flexibility to spread your payments. We offer Buy Now Pay Later, interest free and interest-bearing finance options to help you spread the cost of your purchase over 12 to 48 months. The value of the loan needs to be over £250 and no more than £15,000 and you can choose a deposit of up to 50% of the value of the goods.
Representative example
Representative example: Cash Price £2000, Deposit £200, Loan amount £1800, 16.90% APR representative, Interest rate 16.9% fixed, 36 monthly repayments of £63.04 Total term of loan agreement 36 months, Total charge for credit £469.44, Total Amount payable £2469.44
The representative example shows the finance information that we expect to apply to more than half of accepted applications for the specific amount and repayment term.
As we mentioned earlier, the representative example is not a quote or formal offer of finance – we display this to help you understand how much a loan will cost, and so you can compare it with other products.
Whilst these numbers are there to help you understand what a loan will cost you, it’s important that you understand any other potential costs in the terms and conditions of the finance option you select. For instance, you may be charged missed or late payment fees if you don’t keep up with your payments.
Frequently asked questions
Can I make extra payments?
Yes. Simply log into your account and select 'Make a Payment' from the menu list then enter the amount you would like to pay.
Payments higher than your monthly repayment will be deducted from the outstanding balance without affecting your monthly payment. Amounts less than your monthly repayment will reduce your next Direct Debit.
How do I see how much I have left to pay?
You can view your remaining balance and when your final payment is due by logging into your account.
Is there a cooling off period?
Yes, you have 14 days to withdraw the agreement. If you don’t wish to continue, please call our Customer Service Team on 0344 375 5500 within this time period or we'll assume you're happy with everything and you will be bound by the terms of your loan
.
How do I make payments?
We will take your scheduled payment through Direct Debit on or around your due date each month until your agreement is completed. Once we have taken your final payment, we will stop requesting the Direct Debit.
Legal Information
Furniture Trends Limited t/a Houseproud Furnishings is a credit broker, not a lender and is authorised and regulated by the Financial Conduct Authority (FRN 737283). We do not charge you for credit broking services. We will introduce you exclusively to Nouvuna personal loans through the Novuna platform.