Payl8r lets you buy the products you want today without worrying about the cost. With our flexible repayment plans, you decide when and how to pay back. Simply receive a payment link from our clinic and spread the cost of your purchases into monthly installments.
Payl8r is flexible finance for this generation. We don’t penalise you for having a thin credit file and use a soft search which will not affect your credit! If you have a thin credit file we will assess your affordability instead.
If you fail a traditional credit check, rather than rejecting your application we may give you the option to submit your affordability instead. We use OpenBanking which enables you to submit a 90 day bank statement to support your application.
Interest rates range from 1% - 6% per month. Application fees will apply. *Interest rates will vary subject to credit.
Example: If you borrow £200 over 12 months at a fixed monthly interest rate of 4% and an annual rate of 48% and representative annual percentage rate of 127.34% You will pay: Monthly payment: £24.66. Total amount you repay: £295.92 Total charge for credit: £95.92
Subject to affordability assessments - Application fees will apply. Social Money LTD t/a Payl8r. Representative