This is the charge made for the use of our credit facility and is calculated on a daily basis. Interest is accrued on the remainder of the balance from your last statement, taking into consideration any payments that have been processed.
If we receive payment for the full outstanding balance by the required payment date shown on your statement, you will not accrue a service charge.
If full payment of the current balance, has not been received by the due date shown, an interest charge calculated every month at a maximum 1.98% variable (APR 25.99% variable) will be made on the opening balance on your next statement.
*Please see our terms and conditions, for further information regarding the date items begin to accrue service charge.
Current rate of service charge:
The current service charge rates are shown as follows:
Daily charge (based on 365 days) 0.0633%
Monthly charge-28 day month 1.787%
Monthly charge-29 day month 1.851%
Monthly charge-30 day month 1.916%
Monthly charge-31 day month 1.980%
Annual charge (APR) 25.99%
The Next Directory reserves the right to alter or amend these credit charges at any time, by giving you 28 days written notice.
If you have any further queries please call us on 0844 844 8000* 8am to 11pm, 7 days a week.
This is the charge made for the use of our credit facility and is calculated on a daily basis on the remainder of the balance on an account, taking into consideration any payments that have been processed.
Items begin to accrue service charge on the day after they are delivered