Financial Support and Payment Options
You are able to self-funded any of our courses, which can be paid in full or split into monthly installments. You will be required to pay a minimum 30% deposit up front, and then the remaining balance is due either 2 weeks before the start date on short courses, or paid in monthly installments if it is a VTCT qualification.
Short Course Example:
- Gelish £235+VAT = £282
- 30% deposit = £84.60
- Remaining balance of £197.40 is due 2 weeks before the start date.
VTCT Course Example:
- VTCT Level 2 in Beauty Therapy £1750+VAT = £2100
- 30% deposit = £630
- Remaining balance of £1470 will be split over the remaining months of student ( 3 months = £490 or 4 months = £367.50)
19+ Advanced Learning Loan
If you are 19 years of age or older, and are applying for further education or training, then you may be eligible for a re-payable student loan.
Your household income is not taken into account when applying for the loan and there are no credit checks. However, if you have not lived in the UK for more than 3 year, or have had more than 3 student loans previous, you may not be eligible.
This loan is available on our
- Level 3 in Beauty Therapy Treatments,
- Level 3 in Media and Theatrical Make-up
- Level 4 in Laser and Light Treatments.
Re-payments for the 19+ Advance Learning Loan will not start until you are earning over £21,000 or more and all unpaid loans will be written off after 30 years.
Once you have enrolled on the course, we will give you an easy step-by-step guide on how to apply for your student loan.
For more information on please visit www.gov.uk/student-finance
Deko Finance Option
Thinking of choosing finance?
Finance is a great way to spread the cost of your purchase. To make it easy we’ve teamed up with Deko whose technology lets you apply for and complete a loan application quickly, easily and informatively.
Simply add the items you love to your basket. Once you are at the checkout select the finance option that suits you and choose Deko. The quick application form is simple and should take no more than a couple of minutes to complete and you will receive a decision instantly. Easy!
Check your eligibility
You will only be considered for finance if you:
• Are at least 18 years old
• You’re in paid employment or have a regular income (minimum 16 hours per week or £6,000 per annum, unless you are retired and receiving a private / company pension or in receipt of disability allowance)
• Are a permanent UK resident and have lived in the UK for at least 3 years
• Have a UK bank account capable of accepting Direct Debits
• Have a good credit history with no late payments, debt relief orders, County Court Judgment (CCJs), Individual Voluntary Arrangement (IVAs) or bankruptcies
• Provide an email address so your documentation can be emailed to you
Our payment plan options
We offer a range of interest bearing finance options to help you spread the cost of your purchase over 12, 24, 36 or 48 months. The value of the loan needs to be over £250 and you can choose a deposit of up to 50% of the value of the goods.
Representative examples would be:
19.9% finance over 12 months
● Total order value = £600
● 10% deposit = £60
● Total amount of credit = £540
● Duration = 12 months
● Representative APR = 19.9%
● Interest charged = £54.96
● 12 monthly payments of = £49.58
● Total amount payable = £654.96
Paying with finance
Simply add the purchases to your basket and select Deko at checkout. You’ll then be taken to the application form, which takes just a few minutes to complete.
Take a look at our products available with finance and shop now
Your application will be assessed based on eligibility, credit history and affordability with Deko advising you of the outcome in just a few seconds (via email). It’s important to know that when applying for finance a hard credit check is made which will be recorded on your credit file.
If approved for finance, Deko will let you know who your lender is and provide you with their full contact details and information. You then just need to digitally sign your credit agreement, pay your deposit and wait for your order to arrive.
In a few cases, your application may be referred to a lender for manual assessment and you’ll be notified by email of the credit decision within 24 hours. If you’re not approved for finance it could be for a variety of reasons and the lender will be able to give you more information.
Repaying the loan
Your first direct debit payment will be taken about a month after you receive your purchase. This will show on your statement as a payment to your lender. You have the right to repay all or part of the loan early at any time
There is a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this please contact us (your retailer) directly. We can cancel the application on your behalf. There is no need to contact Deko or your lender.
A payment plan does not affect our standard refund and returns policy. Just contact us and we’ll cancel your application and the lender will refund your deposit and let you know of any outstanding balance if applicable. Please see our Terms & Conditions, for our refund policy.
For any other questions contact us on 02033848427 or firstname.lastname@example.org.
The legal bit
Beautec Beauty Academy is authorised and regulated by the Financial Conduct Authority, register number 804903 and act as a credit broker and not a lender. Finance is provided through the Deko platform by Omni Capital Retail Finance Limited. Omni Capital Retail Finance Limited is authorised and regulated by the Financial Conduct Authority (register number 720279).
Finance is provided through the Deko platform by a number of lenders. You will be offered the best rate available based on your credit history and the lenders’ credit decision policies.
Deko is a trading name of Pay4Later Ltd which act as a credit broker and not a lender. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). For more information please go to www.dekopay.com/support or visit www.dekopay.com.