Generic application form (non-promoted) v3 January 2017
You can apply for a credit facility allowing you to spread payment of your fees (and other services) over monthly payments. If
you wish to apply please complete the form overleaf. To apply you must be aged 18 years or over, have a UK residential or
BFPO address and hold a bank or building society account which supports Direct Debit payments. Credit is available
subject to status and provided by Premium Credit Limited, Ermyn House, Ermyn Way, Leatherhead, Surrey, RH22 8UX.
Tel: 0344 736 9818.
In assessing your application for credit we may search the public information that a credit reference agency holds about
you. The credit reference agency will add details of the search and your application to their record about you whether or not
your application for credit proceeds. This and other information about you may be used to make credit decisions about you and
undertake checks for the prevention and detection of money laundering. When you sign this form you are giving your consent
for such a search to be carried out and for us to contact you by email or text and send Word or PDF documents. If your application is
accepted, we will send you a welcome pack detailing our full terms and conditions and commence collection of your
payments. A credit agreement will be provided for you to sign either online or return by post and you should read this
together with the pre-contract information carefully. You’ll be charged £10 if we have to write to remind you to return a signed
credit agreement. We may begin collecting your Direct Debits before we have your signed credit agreement to pay for
any services you are receiving.
Authorised and regulated by the Financial Conduct Authority.
Representative Example
Cash price £1000.00
Transaction fee (6.5% of the cash price) £65.00 (subject to a minimum transaction fee of £15)
Representative 12.4% APR variable
This example is based on a credit limit of £1,200 and repayment by equal monthly instalments over 12
months.
Under this example, if you did not add any further transactions you would repay a total of £1065.00 (including
the transaction fee) by 12 monthly instalments of £88.75.
The Direct Debit Guarantee
This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits
If there are any changes to the amount, date or frequency of your Direct Debit, Premium Credit Ltd will notify you
five working days in advance of your account being debited or as otherwise agreed. If you request Premium Credit
Ltd to collect a payment, confirmation of the amount and date will be given to you at the time of the request
If an error is made in the payment of your Direct Debit by Premium Credit Ltd or your bank or building society, you
are entitled to a full and immediate refund of the amount paid from your bank or building society
- If you receive a refund you are not entitled to, you must pay it back when Premium Credit Ltd asks you to
You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation
may be required. Please also notify Premium Credit.