PC on Finance: How to Spread the Cost and Buy Now, Pay Later

Are you interested in purchasing a new gaming PC, but the upfront cost is too steep? Luckily, there are finance options available that can assist you in spreading the cost and making monthly payments. In this article, we will delve into the details of PC finance. This will include understanding how it works, what you should be aware of, and how to ensure that you’re making an informed decision. 

PC finance agreement providers in UK

Additionally, we’ll cover essential topics such as financial services companies, early settlement fees, completing and signing agreements, loan agreements, and the role of regulatory bodies such as the Financial Conduct Authority and the Financial Services Register.

What is PC Finance?

Online finance agreements, including PC finance, offered by financial services companies like Novuna Personal Finance, allow you to spread the cost of your gaming PC by paying in monthly instalments. Before agreeing to a loan agreement, the finance company will conduct a credit reference search to determine your credit risk. If you decide to take up the offer, you will need to complete and sign an agreement, which may incur an early settlement fee if you decide to pay off the outstanding balance before the agreed-upon time. As a regulated industry, the financial conduct authority maintains a financial services register, which includes companies that offer online finance applying. Some finance options, such as PayPal Credit, may require additional personal details and may charge interest. Credit scoring is a factor in determining eligibility for gaming PC finance and other forms of credit.

How Does PC Finance Work?

To obtain PC finance, you must complete an online application form with your personal and employment details. The finance company will then conduct a credit reference search and assess your existing account performance to determine whether you are eligible for finance.

If you are approved, you will be presented with various finance packages and options, including buy now pay later and interest-free arrangements. Once you have selected a package that suits your needs, you will need to sign a credit agreement and arrange for monthly repayments via direct debit.

What to Watch Out For

When applying for PC finance, it is essential to read and understand all the relevant sections of the credit agreement. Be aware of any arrangement fees, early settlement fees, and outstanding balance requirements, as these can affect future lending decisions.

Additionally, credit reference agencies hold information on your credit history, including any missed payments or existing commitments. It is crucial to ensure that your payments are up to date and that you do not have any outstanding debts with other lenders.

Benefits of PC Finance

One of the most significant benefits of PC finance is that it allows you to spread the cost of your purchase over several months, making it more affordable. Additionally, some finance companies offer buy now pay later options, allowing you to delay payments for several months and pay later.

Furthermore, PC finance can help you improve your credit rating, as long as you make your monthly payments on time. By demonstrating good creditworthiness, you may be eligible for future finance agreements with lower interest rates.


PC finance is an excellent option for those who need a new gaming PC but can’t afford to pay upfront. However, it is essential to be aware of the potential risks and to read and understand all the relevant sections of the credit agreement. By doing so, you can take advantage of the benefits of PC finance and spread the cost of your purchase over several months.