Finance Spread the Cost with Finance Plans

Can I apply for finance?

To apply for diamond ring financing, you must meet the following criteria:
  • You must be over 18 years of age.
  • You must be a UK resident with at least 3 years continuous address history.
  • You must be in full time employment, unless retired or a house person with a spouse in full time employment.
  • You must have a UK bank account capable of accepting direct debits.
  • The goods must be delivered to your home address that is stated on the finance application.

What finance options are available?

We have a varied selection of diamond ring financing options available:
  • 6 months - 6 months interest free, 0% APR. Minimum order amount: £400.00. Minimum deposit amount: 25%.
  • 12 months - 12 months interest free, 0% APR. Minimum order amount: £1500.00. Minimum deposit amount: 50%.
  • 18 months - 18 months interest free, 0% APR. Minimum order amount: £2500.00. Minimum deposit amount: 50%.
  • 12 months (interest bearing) - 12 months interest bearing, 14.9% APR. Minimum order amount: £400.00. Minimum deposit amount: 25%.
  • 24 months (interest bearing) - 24 months interest bearing, 14.9% APR. Minimum order amount: £400.00. Minimum deposit amount: 25%.
  • 36 months (interest bearing) - 36 months interest bearing, 14.9% APR. Minimum order amount: £400.00. Minimum deposit amount: 25%.
  • 48 months (interest bearing) - 48 months interest bearing, 14.9% APR. Minimum order amount: £400.00. Minimum deposit amount: 25%.

How much deposit amount do you require?

We require minimum 25% of the final order amount as deposit (exclusion: 50% deposit on 12 and 18 months interest-free finance). For example, if your final order amount is £1,000, we will require a minimum deposit amount of £250, while placing your order and the rest £750 can be repaid via finance. You can also put down a higher deposit amount if you would like to pay less amount as interest.
The minimum diamond loan amount (product price - deposit) should be at least £300. The maximum deposit amount payable is capped accordingly.

Who is the actual finance provider?

Finance Provider is Close Brothers Retail Finance. We ("HJ Diamonds Limited", trading as Finecraft Jewellery) act as licensed credit brokers between our customers and Close Brothers Retail Finance.

Can I repay my loan early?

You can settle your diamond loan at any time. Simply contact Close Brothers Finance and they will calculate and send you your settlement figure. Your settlement figure and date are calculated in line with the Consumer Credit Act.

How quickly will my application be processed?

Your application will be processed as soon as you complete your application online. You will receive an instant decision: Approved, Referred or Declined. You will be sent an email to confirm the status of your application as soon as it has been processed.

How do I apply for finance?

Select your desired product and add to the basket. At the checkout payment method section select "Finance" payment method. You can then select a finance plan and set the deposit amount you want to put in.

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