Pay Monthly Fitness Equipment

Rent-to-own, sometimes referred to as rent-to-buy, is a type of borrowing known as hire purchase. You receive the fitness equipment straight away, but you do not own it until all payments have been made in full. If you fall behind with payments or experience financial difficulties, it may be possible to return the goods to the lender, Family Finance. They also have the right to repossess the goods if payments stop. These agreements include protections, such as limits on interest so the total amount payable never exceeds double the cash price, including delivery or related charges. Prices are benchmarked against other retailers to ensure they are competitive.

Repayments are made in regular instalments using the method agreed when your finance is arranged. Depending on the agreement, instalments can be set up weekly or monthly. Payment methods may include standing order, Continuous Payment Authority, debit card, cash, or bank transfer. The full schedule is confirmed in your agreement.

The first repayment is usually due within one month of receiving your equipment. If weekly instalments are arranged, payments may begin sooner. Your agreement will clearly outline the start date and payment frequency before you commit.

Fitness equipment is offered through rent-to-own hire purchase agreements provided by the lending partner, Family Finance. Agreements generally run over one to three years. Instalments can be structured as weekly or monthly payments, depending on what is agreed and the affordability assessment.

You can still apply. Each application is assessed individually and includes an affordability check. Having bad credit does not automatically mean you will be declined. If approved, repayment frequency may be arranged weekly or monthly as agreed.

You can still enquire, but approval depends on an affordability assessment. Family Finance will review your circumstances to determine whether repayments are affordable.