How to spread the cost of your bike with 0% interest.
Interest free credit
We offer 0% APR on all orders over £400
Now it’s easier than ever to own a Mango Bike with interest free credit. We’ve teamed up with Close Brothers to help you spread the cost of your entire order, with a number of different finance options available. For orders less than £400, but above £280, we offer multiple interest-bearing options from 12 to 24 months.
It’s not just bikes! Our parts and accessories are all included. Add everything you’d like to the basket, and then check the finance calculator on the basket page to see your various options. When you’re at the checkout, simply select “Apply for finance” as the payment option, then hit the “Place Order” button and you’ll be sent straight to the finance application. This only takes a couple of minutes to complete, and for the majority of people you’ll see the application result instantly.
Only available to UK residents over 18, subject to status. Terms and conditions apply.
Cost of credit
Watch how easy it is!
Am I eligible for finance?
Close Brothers will only consider your application if:
- You are 18 or over, and employed at least 16 hours per week, or are retired and in receipt of a private or company pension (aged 50 or over at date of application)
- You have a good credit history with no late payments, debt relief orders, CCJs, IVAs or bankruptcies
- You are a permanent UK resident and able to supply a UK address history for the last 3 years
How long does it take to apply online?
Our online application form typically takes less than 3 minutes to complete. Your application is then instantly sent to the finance company and they will typically respond with their decision in around 10 seconds. Some applications may take longer to process. If for any reason we can’t give you an instant decision you will be notified on screen as part of the application process and also by e-mail, with a follow up e-mail as soon as a decision is confirmed.
Can I cancel my credit agreement if I change my mind?
You have the right under section 66A of the Consumer Credit Act 1974 to withdraw from the agreement without giving any reason before the end of 14 days (beginning with the day you receive your delivery).
Will the finance company perform a credit check?
Yes. A credit check forms part of the automated decision making process and is part of a responsible lending policy.
Do I need a bank account?
Yes. You must have a UK bank account capable of accepting Direct Debits.
Do I need to pay a deposit?
Yes. If your credit application is accepted, you will be required to pay a deposit online, using a credit or debit card. The amount of the deposit is shown in the credit summary (displayed on the top left hand side of the screen throughout the credit application form) and on the credit agreement itself.
How do I repay the loan?
Your monthly repayments are collected by Direct Debit.
You have the right to repay all or part of the credit early at any time – you should contact Close Brothers Retail Finance for details by phone, e-mail or letter at the following;
Close Brothers Retail Finance
St Davids Park
Telephone: 0844 880 6542
How much does the loan cost?
The total cost of the loan is shown clearly on the finance agreement.
Are there any other charges?
If you fail to pay any amount you owe under the Credit Agreement by the date it is due, the finance company may charge you interest on that amount, they may also levy additional fees – details of these can be found in your copy of the credit agreement which is available to you as part of the application process and also supplied to you as part of the welcome pack you will receive following acceptance of finance.
How long before I have to start to repay the loan?
The finance company will write to you to confirm the date that your repayments will commence. The first payment is typically due 30 days following the date of delivery of your order.
Consumer Credit Service is provided by Close Brothers Retail Finance. Close Brothers Retail Finance is licensed by Financial Conduct Authority (Consumer Credit Licence: 0616240).
Close Brothers Retail Finance is a trading name of Close Brothers Limited. Close Brothers is authorised by the Prudential Regulation Authority, regulated by the Financial Conduct Authority and Prudential Regulation Authority. For more information please visit http://www.closebrothersretailfinance.co.uk/