Interest Free Credit proves a huge success
Posted 03 Feb 2015
Yet again Kuda UK have been paving the way in offering new and exciting products and services. Towards the end of 2014 Kuda were granted a CCL (Consumer Credit Licence) and started to offer 0% finance and the option to pay monthly on all orders over £250. Since its launch Kuda has seen a rapid uptake on the service.
By offering Interest free credit Kuda is able to offer flexible payment terms and make more luxury items more affordable. For example fitting a full air management to a vehicle can, in some cases, be quite expensive, by having the option to pay monthly for such a kit the customer can instantly have the benefits offered by a full air management kit as far as saving money on their fuel bill. In some cases the monthly payments on the kit equate to less than the amount the haulier is saving on fuel each month. Meaning that the kit pays for itself month after month.
Customer feedback has been extremely positive with the main feedback being on the flexibility and affordability the service offers. Customers have also been very impressed on the ease of applying for finance online, with a simple online application and an instant decision there is no paperwork to print off, sign and send back. Kuda, in partnership with Pay4Later have made sure that everything is 100% transparent at the time of applying meaning there are no nasty hidden fees or surprises.
0% Finance is currently available at a consumer level, however Kuda UK and our finance partners Pay4Later are working hard towards offering business to business finance in the very near future. This will not only bring this flexibility to larger fleets, but will un-doubtably see Kuda stride even further ahead of their competitors.
For further information on our finance products and our terms and conditions please click here.
by News Desk