Are you looking to purchase an Apple iPad, but don’t have the money to pay for it upfront? Don’t worry, you can now buy an iPad on finance, which is a great option for those who can’t afford to pay the full cost straight away.
In the UK, it’s important to be aware of certain terms such as the financial services register number and the fact that you may be subject to status. However, buying an iPad on finance also comes with perks, like Apple Arcade free and the option to purchase an Apple iPad Pro.
Additionally, you’ll want to consider the data allowance and how to manage any unused data. As a buyer, it’s crucial to understand all the terms and conditions, including that the company providing the finance is not a lender.
What is an iPad on Finance?
When you buy an iPad on finance, you are essentially taking out a loan to pay for your iPad. Instead of paying for the device upfront, you make monthly payments over a fixed period. At the end of the period, you own the device outright.
How to Buy an iPad on Finance
Buying an iPad on finance is a straightforward process. There are several UK-based financial service providers, such as Klarna Bank AB, that offer finance options for iPads. To make a purchase, simply visit the Apple website, choose the iPad model you want, and select the finance option at checkout.
Credit Check and Approval
When applying for finance, you will undergo a credit check. The financial provider will evaluate your creditworthiness to determine if you are eligible for finance. If approved, you will receive a credit limit, which is the maximum amount of credit that you can use to make purchases. The credit limit is based on your credit score and income.
Pay Monthly and Equal Monthly Payments
After you have been approved for finance, you will need to make monthly payments. These payments are fixed and consist of equal monthly payments that include interest. Paying monthly can be a great way to spread the cost of your iPad over a longer period, making it more affordable.
iPad Models
There are various iPad models available, including the iPad, iPad Air, and iPad Pro. Each model comes with different features and capabilities. The iPad has a 10.2-inch Retina display and an A13 Bionic chip, making it a great all-around device. The iPad Air features a 10.9-inch Liquid Retina display, an A14 Bionic chip, and is compatible with the Apple Pencil. The iPad Pro, on the other hand, has an 11-inch or 12.9-inch Liquid Retina XDR display, an M1 chip, and is compatible with the Apple Pencil and Magic Keyboard.
Apple Arcade
If you are an avid gamer, you will be pleased to know that Apple Arcade is included with the purchase of an iPad. Apple Arcade is a subscription-based gaming service that offers exclusive games for iPad and other Apple devices. With an iPad on finance, you can enjoy Apple Arcade for free.
Apple Watch and Other Apple Products
In addition to iPads, you can also buy other Apple products on finance, such as the Apple Watch and MacBook Air. When purchasing an Apple Watch on finance, you can enjoy interest-free finance and no deposit required.
Terms and Conditions
When buying an iPad on finance, there are terms and conditions that apply. For example, you must pay interest on the finance, and if you miss a payment, you may be subject to late payment fees. Additionally, if you upgrade your device or make future purchases on finance, your credit limit may be affected.
Conclusion
Buying an iPad on finance can be an affordable way to own the latest models and enjoy the ultimate iPad experience. However, before committing to finance, it’s important to carefully check the terms and conditions and ensure that you can afford the monthly payments. With an iPad on finance, you can enjoy all the benefits of an iPad while spreading the cost over a fixed period.