What is Payl8r?
Payl8r lets you buy the products you want today without worrying about the cost. With our flexible repayment plans, you decide when and how to pay back. Simply click the Payl8r button at checkout or receive a payment link from participating stores and spread the cost of your purchases into monthly instalments.
What makes Payl8r so different ?
Payl8r is flexible finance for this generation. We don’t penalise you for having a thin credit file and use a soft search which will not affect your credit! If you have a thin credit file we will assess your affordability instead.
How do we assess your affordability?
If you fail a traditional credit check, rather than rejecting your application we may give you the option to submit your affordability instead. We use OpenBanking which enables you to submit a 90 day bank statement to support your application.
What is the cost of using Payl8r?
Interest rates range from 0% to 4% per month
Application fees will apply
*Interest rates will vary subject to credit
To qualify you must have…
- No CCJs within the last 3 years
- No accounts in default
- Be a UK resident
- Have online banking
- Regular source of income