Flexible Payment Options
PayItMonthly
PayItMonthly is a form of credit that allows you to spread the cost of your purchase over monthly instalments. This flexible payment option can help you manage your budget while getting the bike services, parts, or accessories you need.
Important Information
PayItMonthly is a form of credit that allows you to spread the cost of your purchase over monthly instalments. You must be 18 or over, a UK resident (excluding the Channel Islands), and meet our eligibility criteria. PayItMonthly is available for invoice amounts between £100 and £3,000. All credit is subject to status and affordability checks.
Late or missed payments could impact your ability to access credit in the future.
PayItMonthly is not currently regulated by the Financial Conduct Authority. Terms and conditions apply. For full details, visit payitmonthly.uk/terms
What is PayItMonthly?
PayItMonthly is a form of credit that allows you to spread the cost of your purchase over monthly instalments. This flexible payment option can help you manage your budget while getting the bike services, parts, or accessories you need.
Please note: PayItMonthly is a form of credit. All applications are subject to status and affordability checks. Late or missed payments could impact your credit rating and ability to access credit in the future.
Eligibility Criteria
To use PayItMonthly, you must:
• Be 18 years of age or over
• Be a UK resident (excluding the Channel Islands)
• Have an invoice amount between £100 and £3,000
• Meet our eligibility criteria
• Pass status and affordability checks
All credit is subject to status and affordability checks. PayItMonthly will assess your application and determine your eligibility based on your credit history and financial circumstances.
Important Information
Credit Reporting: PayItMonthly reports to credit reference agencies. This means that your payment history with PayItMonthly will be visible on your credit file.
Impact on Credit: Late or missed payments could impact your ability to access credit in the future. It's important to make all payments on time to maintain a good credit rating.
Regulation: PayItMonthly is not currently regulated by the Financial Conduct Authority.
Terms and Conditions
Terms and conditions apply to all PayItMonthly agreements. For full details of PayItMonthly's terms and conditions, please visit: payitmonthly.uk/terms
How to Apply
When you're ready to make a purchase, you can select PayItMonthly as your payment option at checkout. PayItMonthly is available for invoice amounts between £100 and £3,000. You'll be guided through a quick application process, and you'll receive an instant decision on your eligibility.
If approved, you can complete your purchase and spread the cost over your chosen repayment period.
Questions?
If you have any questions about PayItMonthly or need assistance with your application, please contact us at hello@motacycles.co.uk or visit the PayItMonthly website for more information.