The push by major retailers for longer consumer credit terms to entice shoppers has seen Tapi introduce a four-year interest free credit product.
The country’s largest flooring retailer has begun marketing a four year, no deposit terms to consumers.
However, to qualify for the four year terms, shoppers will have to spend £4,000 (excluding fitting).
Starting at £500 over six months, the required spend doubles per period, for example £2,000 over two years months.
‘At Tapi, our passion for flooring means we always offer value for money, including payment plans to suit you. So, you can now have the floor you adore with our NEW 4-year interest free credit option – that’s 0% APR and no deposit,’ says the marketing.
The credit is provided by Mitsubishi HC Capital UK, trading as Novuna Personal Finance.
In January ScS parted from its traditional four-year IFC limit and introduced five years, for a for a period.
