Finance Options

Please not that finance options on-line are not representative of offerings in store. It is down to the descretion of the store managers as to what items are offered on 0%(representative) finance.

Finance not allowed in conjunction with any other offer or voucher code.

0% (REPRESENTATIVE) interest free finance available on products for home delivery over £800 Instant decision available online.

Example of 0% Finance (representative) Finance

Six Months Interest Free - Spread the amount over 6 monthly payments

Total Goods price: £800
Deposit Amount: £80
Loan Amount: £720
5 monthly instalments of: £144
Final month instalment of: £144
Total price paid: £800

• £800 TO £1199.99  qualifies for  6 months interest free credit
• £1200.00 to £1499.99 qualifies for 6 & 9 months interest free credit
• £1500.00 to £1999.99 qualifies for 6,9 & 12 months interest free credit
• £2000.00 to £2499.99 qualifies for 6,9,12 & 18 months interest free credit
• £2500.00 + qualifies for 6,9,12,18 & 24 months interest free credit
• £500 TO £799.00  qualifies for  24 & 36  months interest bearing credit Typical APR 15.9%

Applying for online finance
Applying for online finance couldn't be easier or more convenient. Once you've chosen the products you'd like to purchase, simply complete a brief on-line application form accessed via the 'checkout'. Just follow the simple instructions, entering your personal details as required and we'll do the rest.

Your questions answered!

How quickly will my application be processed?
If your online application is received between 9am and 8pm, Monday to Friday (excluding Bank & Public holidays), 9am and 6pm on Saturday, or 10am and 5pm on Sunday then in the majority of cases, you will receive a decision within a matter of minutes. If you submit your application outside of these hours, then you will likely receive a response the next working day. You will be sent an email to confirm the status of your application as soon as it has been processed.

Once my application is approved, what happens next?
Within minutes of your application being approved, you'll be sent via email, a link to your credit agreement, which can be easily downloaded. Alternatively, you can request for a printed out, hard copy of your agreement to be posted to you. All agreements are supported with a copy of the terms and conditions. Once downloaded/received, you'll need to read the agreement carefully, then sign and return it to our finance company with the original documents requested. Note that products will not be allocated to your order until your completed and signed agreement is returned and received. Shipment of your goods will follow as soon as your agreement has been returned to our finance company (usually on the same day).

Rutland Cycling are licensed credit brokers "Licence Number 495345". Credit is subject to status and available to permanent UK residents only. Finance will be provided by V-12 Holdings Limited trading as v12Finance.com. Registered in England Number 04585692. Registered Office: V-12 Holdings Limited, Unit 20, Neptune Court, Vanguard Way, Cardiff, South Glamorgan, CF24 5PJ. The retailer is Rutland Cycling. Written terms available on request.

Will you credit score me and if so, what does this mean?
Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants.
This technique will be applied to your application for online finance. Credit scoring works by awarding points for
each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies.
This information allows us to produce consistent decisions, ensuring all our applicants are treated fairly.
Credit scoring does not discriminate on the grounds of sex, race, religion, disability or colour.

If you decline/refuse my application, what is the reason? In addition to credit scoring, confirmation of your identity,
validation of certain application details, existing commitments and information held at the credit reference agencies are all taken into account.
Though you will not be provided with a main reason for decline of your application, it is usually based on one, or a combination of the following:

Your credit score (note that every finance company will score you differently)

Adverse credit reference agency information

You are considered to be overcommitted

You are aged under 18

Your existing account performance with other lenders

What type of information do credit reference agencies hold about me?
Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies.
Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts.
Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.

How do I obtain a copy of this information?
You should send a cheque for £2, made payable to the relevant company, together with details of all addresses at which you have lived over the last 6 years:

Consumer Help Desk
Experian LTD P.O. Box 8000 Nottingham NG1 5GX

Equifax Department 1E P.O. Box 3001 Glasgow G81 2DT

You can also find out more about credit decisions by visiting the above companies' websites: Experian and Equifax the above listed agencies will provide details of information relating via these addresses.
If you believe that the information is incorrect, you can ask the agency to correct it.

Who is my finance actually with?
We source the best value finance products from providers who excel in their customer service.
Your finance agreement will be with one of the UK's leading finance houses.
If my application is not successful, can I re-apply?
Yes. We acknowledge that your circumstances change and just because a previous application has been refused, it does not mean that a further request will be automatically turned down. We do suggest however, that you leave at least 3 months between applications.

Who is eligible to apply for online finance?
To apply for online finance, you must be between the ages of 18 and 75*, work at least 16 hours a week, or be retired with an income. You must also be a resident of the United Kingdom and have lived in the UK for the last three years or more. Unfortunately, online finance cannot be offered to residents of Eire. Homemakers aren't excluded from application under their own names; however the employment details of your spouse will be required in order to process your application.

We cannot accept finance inconjuction with any other offer, voucher codes or discounts. If you have a valid offer available this can still be used seperately.

Can I request delivery to an address other than my home?
In order to safeguard against fraudulent applications, we regret that we're able only to deliver goods to the home address of the applicant.

Can I change my order in part or whole after applying for online finance?
To ensure your chosen products are correctly delivered to you, if you need to change your order in anyway,
it will be necessary to cancel your order and re-key it as if it were new.
We apologise for any inconvenience this may cause. If you've already received confirmation of approval for online finance via Rutland Cycling,
by the time you decide to change your order, then the decision will stand from your original application so long as the order value has not increased.
If however, you then go on to make subsequent orders funded via online finance, then each will be treated as a new application and will be processed
in the normal way.

Are the goods I’ve ordered set aside for me until the approval process is complete?
Our system is such that goods are allocated to your order only when your completed and signed agreement is received back.
This means there's a small chance that the product you ordered may be sold out by the time your agreement is received.
To avoid disappointment, we recommend minimising any delay by completing and returning the agreement as soon as you can.

Please note your order will be held until we have all of the items in stock.

What if I still need assistance after reading the information in this section?
Simply raise a ticket in the CONTACT US section of the website and tell us how we can help.
A customer services advisor or a member of our online finance team will get back to you as soon as possible with an answer to your question.

In Store Applications

For in-store V12 applications, you will need to bring one of the following as proof of address:

• A valid UK driving licence
• Bank statement (not internet statement)
• Credit card statement (not internet statement)
• Gas, Water or electricity bill
• Mortgage statement
• Landline telephone bill (not mobile)

Please note: With the exception of the driving licence, the forms should be dated in the last 3 months.

Items no longer available.

In the event that the item you have ordered has sold out by the time your application has been processed any finance agreement will become null and void and any monies taken by way of deposit will be refunded.