DivideBuy review: Spread the cost of payments online

Looking for a way to buy goods now and pay later over a longer time period? DivideBuy might be the right service for you.

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Amelia Glean

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DivideBuy provides an interest-free credit payment option that allows you to spread the cost of your purchases across a specified time period. This can be anywhere between 2 and 12 months, depending on the shopping site in question.

How does DivideBuy work?

DivideBuy partners with online retailers looking to offer simple third-party financing solutions for customers who want to buy now but need to pay later. Customers shop at their chosen online store as usual and at the checkout select DivideBuy as their payment method. Once you have selected DivideBuy, you will sign into or create your account and provide your bank or card details. Your monthly payment amount is calculated by splitting the balance over a chosen time period, which ranges between 2 and 12 months.

Which retailers offer DivideBuy?

You can check out our full list of DivideBuy retailers and find out where you can buy now and pay later.

Simba SleepSimba Sleep

Buy now pay later with DivideBuy

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Simba SleepSimba Sleep

Discover a great night's sleep with Simba mattress

Get deal
Simba SleepSimba Sleep

Save up to 35% off Simba mattress topper

Get deal
Simba SleepSimba Sleep

Free delivery on every order

Get deal

Features of shopping with DivideBuy

  • Zero interest. Every order at DivideBuy is entirely interest free, no matter the basket value or term length.
  • Various repayment plans. You can choose a term length between 2 and 12 months, depending on your finances and order size.
  • Fixed monthly repayments. No matter what term length you choose, payments will be fixed at the same amount each month.
  • No early repayment charges. DivideBuy collects your payments monthly but additional payments can be made without a fee.
  • Warning: Late repayments can cause you serious money problems. For help, contact MoneyHelper.

How much does DivideBuy cost to use?

DivideBuy doesn’t charge any interest or fees to use its services. The only situation in which you’ll pay more than your total purchase price is if you do not have enough money in your account to make the automatic payments. In this case, you will be charged a late fee and will need to log in to your DivideBuy account to clear the balance.

What happens if I can’t make a payment?

If you are late to making a payment with DivideBuy, the provider may add late payment fees to your account. Specific fees for these missed payments have not been made public, but DivideBuy says all the details are explained in your credit agreement before you electronically sign at the checkout process. If you aren’t sure, it’s best to get in touch with DivideBuy as soon as possible.

How to sign up for DivideBuy

Simply complete a purchase through one of the retailers working with DivideBuy and select DivideBuy as your payment method. As you are guided through your credit application, you are also creating your DivideBuy account.

What can I do if something goes wrong?

On the off chance that you encounter a problem with DivideBuy, we suggest taking a look at the list of frequently asked questions on the site. Can’t find your question on there? Chat online with a DivideBuy customer service expert, or email the team at hello@dividebuy.co.uk.

Pros and cons of DivideBuy

  • Buy it now, pay for it later. With DivideBuy you can order your chosen item when you want it and cover the costs later on, without having to wait until payday.
  • Interest-free. DividceBuy doesn’t charge you interest, ever.
  • Flexible payment plans. At the point of purchase, DivideBuy will give you a range of repayment options to choose from.
  • No early repayment charges. You won’t be charged extra for paying back early.
  • Payment reminders. You will be sent a reminder before your payment is due.
  • Late fees. You will be charged a fee if you are late to making a payment.
  • Credit check. DivideBuy will carry out a credit check on you, but this is a “soft” credit check to determine your ability to repay.

How can I contact DivideBuy?

DivideBuy can be contacted via its web chat available 7 days a week (Monday to Friday 8am-8pm, Saturday 8am to 4.30pm and Sunday 9am-4.30pm), by sending an email at hello@dividebuy.co.uk, or you can fill out a Contact Form.

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