Buy Now Pay Later - Repaying Early
You can repay some or all of the loan early, but you must tell HPF (Hitachi Personal Finance) if you decide to do this, phone: 0344 375 5500 (calls to 0344 numbers are charged at a standard landline rate. Mobile charges may vary. Charges will apply to calls from outside the UK), or write to Hitachi Capital House, Thorpe Road, Staines-upon-Thames, Surrey, TW18 3HP If you repay the loan in full within the buy-now, pay-later period, HPF will not charge you interest but you will be charged a settlement fee of £29.00.
If you repay part of the loan within the buy-now, pay-later period, HPF will not charge you interest on the part of the loan you repay. At the end of the buy-now, pay-later period you must continue to make your monthly repayments until you have repaid the loan in full. You may pay off the loan sooner than agreed if you make repayments during the buy-now, pay-later period.
If you repay all or part of the loan after the buy-now, pay-later period you may be entitled to a rebate of some of the interest charged to your account. HPF will reduce the balance of your account by the amount of the rebate. HPF will calculate the rebate in line with the Consumer Credit (Early Settlement) Regulations 2004. If you repay part of the loan early, HPF will reduce the balance of your loan but you must continue to make your monthly repayments. The amount you have to pay HPF each month will stay the same, but you might repay the loan sooner than agreed.