Flexible payment choices
We’ve tried to make it easy as possible for you to register onto one of our courses. We understand that not everyone always has the cash needed, to pay for their course upfront, at the time when they want to start their course. So we offer different ways to pay to help you spread the cost over a longer period. For some of our courses, you can pay a deposit for as little as £19.99 and start immediately!
In total we have 3 ways in which you can pay for your course, choose the payment method that suits you best:
This payment option means paying the full price of your course upfront. Courses funded by this payment method typically receive the highest discounts. This is because we have more freedom to run promotions and change prices quickly as a result. This is also the simplest method of paying for your course. All it takes is one payment and you can start your course instantly.
If you don’t want to pay for 100% of your course upfront you could pay by one of our payment plans. A payment plan involves spreading the cost of your course over a period of 12 months or less. During this period you pay no interest whatsoever. All it takes, to start a payment plan, is a small deposit, this will be deducted from the total cost of your course. Just complete the payment plan registration and you can start your course immediately.
After you make your final payment under your payment plan as a thank you we will make a cashback payment to you. This amount is always agreed at the start of your payment plan.
By working with Pay4Later we are able to offer our learners access to loans to help spread the cost over a longer period than our payment plans. Our payment plans are never any longer than one year. With a loan from Pay4Later learners can spread their repayment over up to 5 years. These loans do have differences compared with our payment plans, these are:
- Your loan is not taken out with us.
- Your loan is with Pay4Later, all interest and repayments are made to them.
- You will pay interest on your loan.
- You will have to pass a credit check to see if you are eligible for a loan and that it is affordable.
- You will need to pay a 5% deposit to start your loan (this is deducted from the loan amount to cover your course).
A credit check is important to ensure that your loan is suitable and that it is affordable for you. Pay4Later use some of the most respected credit checking agencies to help make their decisions. If you are successful in passing a credit check you will need to do accept your loan offer and pay your deposit, once you have done this you can start your course immediately. If you are unsuccessful please contact us and we can discuss if one of our traditional payment plans is more appropriate.
Below is a comparison of the different payment methods for a course that costs £774.99. It shows you the differences between what you pay upfront, each month and the total payments made over the full agreement period for each payment method:
|Payment Method||Day 1 Payment||Number of Monthly Payments||Interest Rate||Monthly Payment Amount||Total Payments After Cashback (£100)|
|Payment in Full||£674.99||NA||NA||NA||£674.99|
Full details on how these amounts change for each course can be found on each course page. Before making any decision to start a course it’s important to check these amounts to decide on the payment method that suits you best. Deposit levels and interest charges can vary.