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Amazon UK begins offering loans for pricier purchases
In a bid to put an even bigger squeeze on its brick-and-mortar competition, Amazon is now offering its customers instalment plans to help them buy the more expensive items on its website. According to The Guardian, Brits can now select Amazon's Pay Monthly option at the checkout, letting them pay for orders totalling more than £400 over a series of instalments. These loans, which are only provided once a customer passes an online credit check, can be spread over two, three or four years depending on the order amount and are charged at a current interest rate of 16.9 percent.
T-Mobile's You Fix gives budget-minded Brits a new approach to pay-as-you-go
If you're a Londoner who's struggling to live within your means, T-Mobile is hoping its latest You Fix plans are the solution to your budgetary woes. The Magenta-clad carrier's UK arm promotes You Fix as the ultimate hybrid of pay monthly and pay-as-you-go. Customers sign a 12 month commitment to one of three plans that range between £15.50 ($25) and £26 ($42) per month, and the most expensive plan brings 300 minutes and texts. Once the allotment is met, consumers can top off their accounts based on T-Mobile's traditional PAYG rates, or bide their time until the new month rolls around. Additionally, You Fix'ers may choose between one of seven free add-ons each month, including options to add data or unlimited texts. Subsidized phones are also on the menu, with the BlackBerry Curve 8520, HTC Wildfire S, and Samsung Galaxy Gio leading the pack. Looking to save a few quid? Check the full schedule of plans in the PR beyond the break.
