Rate Cards

Shows the rates agreed between yourself and the lender.

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Example Rate card

Product Code - this is the list of finance products that you can offer your customers. Examples:

ONIF6 = Online 6 months 0% interest
ISIB12-4.9 = In-store 12 months 4.9% interest

Rates - this is the subsidy you pay to offer finance, and is charged for every credit application when it is paid out.

Tier 1 is charged when the loan amount is < £1250.00, and Tier 2 is charged when the loan amount is > £1250.01.

Subsidies - Fixed subsidy results in a set amount that is charged for every credit application that is paid out. Minimum subsidy results in a set amount being charged, if the normal subsidy did not meet a certain amount.

Fixed Fee - this is charged for every credit application that is completed.

Credit Sentry Fee - this is charged for every credit application that is processed.

CS ID Auto/Manual - we have switched to a new identity verification service called Jumio, and therefore the charges in these columns are no longer. It is now a fixed fee of £2.95 plus VAT per ID upload.

Cancel - this is the fee that is charged for every cancelled credit application.

Amendment - this is the fee that is charged for every amended credit application.

Min and Max Loan Amount - these columns specify the minimum and maximum loan amounts that you can process.

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Fees

Please note the fees are charged with your monthly invoice at the start of every month. It is only the subsidies that are charged when a credit application is paid out.

For further information regarding your specific rate please either review your Rate Card in the Deko Backoffice or contact your account manager.


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