Samsung Finance is available to finance online or in-store purchases of Samsung equipment (the “Financed Equipment”), or related services (such as Samsung Care+).
You must be at least 18 years old and been resident in the UK for at least 3 years before you apply.
You need to have a UK bank or building society account with a direct debit facility.
You need to be in possession of a valid full or provisional photo driving licence, a valid passport or EU ID card when you apply for your loan.
After you submit your application, we’ll check whether you will be eligible for a loan and notify you of the rate of interest and APR that is available to you.
We’ll then ask you to sign a credit agreement and provide you with the information that you should rightfully have prior to obtaining a loan.
We’ll provide the credit stated in your credit agreement. We do this by applying the total amount of credit specified in your credit agreement (the “Amount of Credit”) in payment or partial payment of the cash price of the Financed Equipment you have chosen, together with any related delivery charges and Samsung Care+ cover (if applicable) as shown in your credit agreement.
We’ll provide this credit once Samsung has notified us that all the Financed Equipment you have purchased under your credit agreement has been delivered to you.
Your monthly repayments are calculated by deducting the upfront payment that you make when purchasing your Financed Equipment.
The amount is then spread over the period that you selected when applying for the loan.
If you obtain a Samsung Finance loan at a rate of interest above 0% APR, interest is applied to the amount of the loan that remains outstanding and is payable monthly.
The final monthly payment for may be slightly higher or lower than your other payments.
You must make monthly repayments by direct debit as set out in your credit agreement.
The first payment will be due one month from the date we confirm in writing that we have activated the credit agreement.
You then make payments on the same date each month after that.
You’ll need to keep your direct debit details up to date. if you want to amend your direct debit details or payment date during the term of your loan CLICK HERE to send us a request.
You can make updates to your direct debit after the first regular monthly payment is taken from your account.
If your payments are due on 29th ,30th and 31st and the month does not include these days, then it will become due on the last day of that month.
For example, in a non-leap year if your payments are normally due on the 29th, 30th and 31st, it will be due on the 28th February. In a leap year if your payments are due on 29th, 30th or 31st it will become due on 29th February. If your payments are normally due on 31st of each month and the month does not have 31 days like April and June, then it becomes due on the last day of that month which is the 30th.
If the date your payment is due is not a working day, it will be due on the first working day afterwards.
You have a right to repay all or part of your credit early at any time and you make a full settlement via the customer portal
To make a partial payment please call us on 0333 00 33 777* (for business customers, 0333 00 35 100*) 9am – 6pm, Monday to Saturday. Please note we operate a call back service on the line to save you waiting.
