Does Pedal On offer Finance options?
Pedal On offers Finance options with bicycles. Our Finance provider is V12 finance. Due to the cost of offering finance, some promotions may not be or may only partially be available if you choose to pay by finance.
You can apply for finance online for home delivery, apply for finance online for instore collection or come into store to apply for finance.
Full details can be found in the Finance Section
Can I apply for finance by phone?
Declined Finance Application Unfortunately, your credit application has been declined by our finance partner.
You can still choose to pay by another method. Visit your shopping cart to alter your order.
Your application was given full consideration through our partner's credit scoring system. This system takes into account information provided directly by you, on your completed application form. Points are allocated to each piece of information supplied and then added up to produce a total score. A Credit Reference Agency will also have been contacted and a score applied to the information they hold about you.
Your application may have been declined either to the score attributed to your application details or the score from the Credit Reference Agency, not meeting our minimum requirements.
As your application may have been declined due to information from a Credit Reference Agency, in accordance with section 26 of the Consumer Credit Act 1974, we are required to notify you that the Agency
consulted on your applications was:-
Experian Help Service
P.O. Box 8000
The Agency will be happy to provide you with a copy of your file if you write to them direct enclosing a £2.00 administration fee. If your application was declined due to the score attributed to your personal
application details the information you receive from Experian may not show anything detrimental.
We understand that you may be unhappy with our partner's decision and wish to discuss the matter further. Unfortunately, due to the Data Protection Act we are unable to discuss this with you over the telephone. However, if you write to our funding partner at Hitachi Capital Consumer Finance, Albion Tower, 11 Albion Street, Leeds, LS1 5ES marking your letter for the attention of Tony Blythe, they will be happy to provide you with more information regarding the decision.
Please rest assured that our partner's decision to decline your application is known only to yourself and the supplier concerned in this transaction and has not been disclosed to any outside organisation.
As a member of the Finance and Leasing Association (FLA) and the Consumer Credit Trade Association we follow the principles of the FLAs Guide to Credit Scoring agreed with the Office of Fair Trading.