FINANCE & PAYMENT PLANS

Some laser eye surgery clinics offer finance options to customers. Below is an example from Advanced Laser Eye Clinic ( Belfast, Aberdeen, Glasgow )

http://www.eye-surgery-ireland.co.uk/

Interest Free Credit Option
Interest free credit is a fixed term account, which includes interest, taken over 36 months. Built in to the account however is the ability to pay the full balance interest free* within 9 months.

Option 1
Immediately pay the outstanding balance and the agreement will be interest free. The account will be closed with no more money due.

Example 1
Cost of treatment = £1000, deposit = £150. Pay nothing for 8 months, then pay balance of £850 in full before 9 months has elapsed. Total amount payable £1000.

OR

Option 2
Continue to pay the agreed monthly amount which includes the interest charge for the remainder of the 24 months.
Interest is charged at 29.8 % APR if you choose option 2 .

Example2
Cost of treatment = £1000, deposit = £150. Balance to pay over 24 months = £850.00.
Monthly payments = £54.72 for 24 months. Total amount payable £1,463.28 APR 29.8%