Can i pay in installments at argos

Don't miss the latest news and figures - and essential advice for you and your family. Keep in mind that you'll need to make up the payments you miss in the future, which means you'll either have to pay more each month or keep making payments for longer.

The retailers might also charge you interest during the payment deferral, meaning you'll pay more in the long-term. If you're refused a payment deferral, you can get help from Citizens Advice. If you've bought products from AO. Support on offer includes payment holidays, reduced monthly payments and extended agreements, it told The Sun. If you're struggling to pay your Argos Card bill, the retailer says it may offer you a payment freeze on your normal credit and an extension on your Buy Now, Pay Later for three months.

For the common share as well as for the preferred share, the installment corresponding to April, shall be paid out between April 15 and 25 of that month. The installments corresponding to July and October, shall be paid out between the 5 and 14 of the corresponding month. The one corresponding to January, shall be paid out between the 9 and Dividends corresponding to April, shall be paid out between April 15 and Dividends corresponding to July and October, shall be paid out between the 5 and 14 of the month in question.

Dividends corresponding to January, shall be paid out between the 9 and NOTE: For preferred shares, payment dates will be the same as the ones defined for common shares. Contact us. If you've received a letter or email from us about this issue, then we believe this affects you.

If you can, you should try to take action to move your account out of Persistent Debt. We want to help you, so please contact us on if you want to talk about Persistent Debt. Why is it important that I take action? It's important because if you don't, it'll take you longer to repay the debt and you'll be charged more interest during that period. If you can afford to pay more each month, you will pay off your balance quicker and you'll pay less interest. You can find some information about how long it will take you to repay your balance, how much interest you might pay and how much you could save by paying more than the minimum each month by visiting cardcosts.

Don't forget to talk to us: If you have a letter or email from us asking you to get in touch to confirm an option to us, or if you need to talk to us about your situation, call us as soon as possible on We monitor the activity on everyone's account each month, so we know when someone's account meets the FCA's definition of Persistent Debt.

If you've received a letter from us about this issue, then your account meets that definition and you need to consider taking action by increasing your monthly payments. Please don't put it off, it really is easier to deal with if you change your payment habits as quickly as possible. If you've already taken some action and started to increase your payments, that's a great start and will help towards moving your account out of Persistent Debt. We will continue to monitor your account for 18 months after we write to you the first time and we'll let you know during that time how you are progressing.

We'll write to you at the end of that period with details of any further action you may need to take. How much should I pay each month? The amount you need to pay depends on your current situation and how long you have been in Persistent Debt and how much you can afford to pay each month. If we have contacted you for the first time about Persistent Debt on your account, we would suggest paying double the monthly minimum payment shown on the front page of your statement each month.

If you can't pay double the minimum each month, paying any amount more than the minimum will help. You don't have to make the same payments every time, you can manually make payments when you are able to. If you've been in Persistent Debt for a while and you have received a letter from us which talks about confirming an option to us, click here to see how to work out your increased minimum payment. How you pay is entirely up to you and all of the ways to pay are listed on the back of your statement, which include:.

If we sent you a letter asking you to choose an option and you chose to make increased monthly payments, remember to make sure that you're paying your increased monthly payment amount. Have I done anything wrong if I receive a letter about Persistent Debt? No, you haven't done anything wrong. We simply need to warn you that if you continue to pay the minimum, you'd owe the debt over a longer period and be charged more interest during that time.

Please also bear in mind that if your account remains in Persistent Debt, we may need to take other actions, such as suspending on your account from further spending, to help protect you from getting into further debt.

I don't think I'm in Persistent Debt. Why does the letter say I am? We monitor the activity on everyone's account each month so we know when someone's account meets the FCA's definition of Persistent Debt. If you've received a letter from us about this issue, then your account meets that definition and you need to consider taking action. Can't you just increase my minimum payment?

No, we can't change your minimum payment without changing your agreement with us. It's also a choice you need to make, to increase your payments and resolve this situation or not.

By leaving the contractual minimum payment unchanged, it gives you the flexibility to pay more when you can. You're not tied in to paying a higher amount all the time. What happens if I am unable to increase my payments? Under the new rules, you have 18 months from receiving the first letter to move your account out of Persistent Debt.

If you're still in Persistent Debt after this time, we'll write to you again to tell you what further action we may have to take, including suspending your Argos Card from further spending.

Can I pay off my Argos Card balance faster? Yes, of course you can. Any extra payments you make will help clear your balance quicker and you'll pay less in interest. Can I keep using my Argos Card? As long as your account is open, you haven't spent all of your credit limit and your account is not suspended, you can carry on using it. Just remember, if you do spend more, your minimum payment will increase and it will take you longer to repay the balance.

If you have been in Persistent Debt for 18 months and we will send you a letter or email asking you to choose from some options. To be able to carry on using your Argos Card you must call to let us know what option you have chosen.

Some of the options may mean that we need to suspend your card to help you to start clearing your balance. If you don't respond to this communication, your account will be suspended and you won't be able to keep using your Argos Card. This is because rules from the Financial Conduct Authority mean that we need to take steps to help you repay your balance more quickly and pay less interest. What happens if I spend more? If your account isn't suspended and you make further purchases on your Argos Card, you should be aware that your repayments will increase too.

The more you've spent, the higher your balance will be, and the more you will need to increase your repayments to clear your balance within a reasonable period. Does Persistent Debt affect my credit score?

Your payment history will show on your credit file and can affect your credit score. Other lenders will be able to see it and use this information to decide whether to lend money to you or give you credit. However, there's no direct link between your credit score and your account being in Persistent Debt.

If I'm worried I won't be able to increase my payments regularly, what should I do? In order to move out of Persistent Debt, you should pay what you can afford to, as often as you can. We're suggesting you pay at least double your minimum payment each month but if you can't afford that, you should pay you minimum payment and as much more as you can each month. If you have any difficulties making your payments please contact us on as soon as you can so we can help you.

I'm in arrears or have a repayment arrangement, do I need to pay more? If you have set up a repayment arrangement to clear the arrears on your account, then you don't need to increase your payments at the moment. Please keep to the arrangement you have made. Once your arrangement has ended, please call us on so we can then discuss your Persistent Debt repayment options with you. If you want to discuss a repayment arrangement, please call to speak to a specially trained advisor.

I've received a letter from you that says my account could be suspended. What does this mean? If your Argos Card account is suspended, it means that you won't be able to use your card to buy anything new.

This is so that we can help you to start repaying your balance more quickly and pay less interest. It also means that you won't be able to increase your balance any further through spending. You can contact us on about your options at any time.

If you can confirm that you're able to increase your monthly payments or repay your balance in full, we will be able to remove the suspension on your account. I've received a letter from you asking me to choose from some options. What happens next once I've confirmed my choice? When you get in touch with us, we will make a note of which option you've chosen and monitor your account to make sure that you're paying what you need to.

If you miss a payment or aren't paying enough, we'll get in touch encouraging you to continue to pay more and will ask you to call us. This is so that you can either confirm that you're still able to make increased monthly payments, or so that you can let us know if your circumstances have changed.

Increasing your monthly payment means that you'll be paying less in interest, fees and charges, and you'll be repaying your balance faster. It also prevents Persistent Debt from becoming a long-term problem for you.

I've been in contact with you and chosen an option, but my circumstances have changed. How do I make a complaint? If you wish to make a complaint you can do so by making contact through any of the channels listed here:.

When we resolve a complaint, we will always communicate to you confirming the resolution. If we've not been able to do that by the end of the third business day after we've received your complaint, we'll communicate to you to acknowledge this is being investigated further. We will keep you up to date throughout while we are investigating your complaint, until we provide you with a formal response either via e-mail or letter.

In exceptional circumstances, particularly where your complaint is complex, it may take over eight weeks to resolve matters for you. We will communicate to you to let you know when you may be able to contact the Financial Ombudsman Service FOS to review your complaint.

We are committed to resolving your complaint to your satisfaction and hope that together we can reach an agreement. The Financial Ombudsman Service exists to help resolve complaints and disputes as an impartial adjudicator, within the existing law. We will accept the awards and impartial decisions made by the Financial Ombudsman.

The Ombudsman offers a free independent service, but before they look at your complaint, they will ask you to give us the opportunity to put things right for you. Email: complaint. Website: financial-ombudsman. What support can you offer during Coronavirus outbreak? If your income has been impacted by the Coronavirus outbreak, there is support available to help you. Find out more here. If your income has been impacted by the Coronavirus outbreak, your BNPL Plan is ending soon and you're worried about making payments towards it, we want to help.

Please call us on , so we can look at the options available. How can I get help with paying my Normal Credit balance? If your income has been impacted by the Coronavirus outbreak and you're concerned about being able to pay your Normal Credit Balance, we want to help. What short term help is available to me? If your income has reduced due to the Coronavirus, you can find out more information here or call us. No, your credit file will not be affected during this time. If you do not keep up regular payments once this time period has expired it may be impacted then.

See how to register on the App here. No, your credit file has not been affected during this time. If I'm self-isolating and unable to pay using my normal method how else can I pay? There are several ways that you can pay towards your Argos Card account, including:. Who do I contact if I'm worried about being able to afford my payments long-term?

If you are concerned that your payment difficulties may be long term please call for more help. For details about returning an item please refer to the returns section on argos.

Why haven't I received my statement in the post? If you are expecting a statement, but you haven't had one through the post then you can check if your statements are switched to paperless.

You can do this either by logging into your myargoscard. If you are paperless you will also receive an email reminding you when your statement is ready to view. Why has my Argos Card account been closed? As a responsible lender, we regularly review the lines of credit that are with our customers and considering the current situation we want to make sure that you don't have unnecessary credit.

So, if you haven't used your Argos Card in a long period of time we will close the account for you. If you feel that you would use your Argos Card in the near future then you can reapply for one here.

Argos Card - Frequently Asked Questions Here's some information which may come in handy if you're unsure about how to do something on myargoscard. If you're looking for information about Coronavirus Support then please see the latest information here: Payments Why is my payment not showing on my account?

How is my payment allocated? Logging in How do I log in? Interest What's Estimated Interest? Plans What's Normal Credit? Why has one of my plans disappeared from my account? Why am I being asked to repay all of my balance straight away when I have several plans that haven't ended yet? Credit Limit When can I use my new credit limit? Registering How do I register? Why am I being told that my details can't be found when I'm trying to register? Can I register an expired Argos Card so that I can still manage my account?

Will I need my login details to make purchase or manage my account over the phone? About your Argos Card How do I get in touch? Updating my details How do I update my contact details? Technology What browsers will myargoscard. Can NewDay Ltd change my credit limit? To give you greater control over the way we do this, you can choose one of the following Credit limit preference options; Automatically - We will tell you about credit limit increases and activate them automatically unless you tell us not to Let us know - If we are able to offer you a credit limit increase we will let you know, but you must contact us to accept it No Increases - We won't offer you credit limit increases at any time, unless you change your preference You can change this preference whenever you like by logging into the Online Account Manager or calling Argos Classic Credit Card Services on What happens if I go over my credit limit?

Eligibility check. Will the eligibility check register as a credit search? How long will it take to complete an application? How do NewDay use the information I give them?

Why have I been asked further personal questions? Can I use the temporary card online and in store? Can I use the temporary card for multiple purchases? What will my credit limit be on the temporary card? When will my temporary card expire? Apple Pay. Which devices does Apple Pay work with? Open your Wallet app and drag the card to the front. Is my card information protected? Can I continue to use Apple Pay if I go overlimit or miss a payment?

No, if you have gone overlimit or miss a payment your card will not work on Apple Pay. How much can I spend using Apple Pay? What if I lose my device? What if I lose my card? Where can I use Apple Pay? Can I use it abroad? Apple Pay can be used anywhere you see the Apple Pay or Contactless icons around the world. Can I use Apple Pay to pay in an app?

Can additional cardholders add their card to Apple Pay? Yes, additional cardholders can add their card to their Apple Pay. Google Pay. Which devices does Google Pay work with? Open your Google Pay app and drag the card to the front.

Can I continue to use Google Pay if I go over limit or miss a payment? No, if you have gone over limit or miss a payment your card will not work on Google Pay. How much can I spend using Google Pay? Where can I use Google Pay? Google Pay can be used anywhere you see the Google Pay or Contactless icons around the world. Can I use Google Pay to pay in an app? Can additional cardholders add their card to Google Pay?

Yes, additional cardholders can add their card to their Google Pay. Using your Argos Classic Credit Card. When will I get my card? How do I activate my card? When will I get my PIN? How do I change my PIN?

What if I forget my PIN or get it wrong? Will I need to use my PIN when buying online, over the phone or via mail order? Can I apply for a chip and signature card? Can I apply for an additional cardholder on my account? Protecting you and your card. How can I protect my card from fraud and misuse? How do I report my card lost or stolen? What do I do if I suspect fraud on my account? In what circumstances can you suspend use of the card? What is a preauthorised transaction?

What happens if I enter into one? Rates and charges. What is estimated interest? Will I be charged extra for using my card abroad? What do you mean by APR? Where can I find my APR? Can I withdraw cash on my card? When do you charge interest? Why would you change my interest rate? What other charges may be applied to my account?

How much will I have to pay to my account each month? How are payments applied to my account? If you have more than one Promotional Transaction at the same rate, your payment will be applied first to the Promotional Transaction that has the earliest Promotional Period start date. What should I do if I am experiencing financial difficulties? Balance Transfers. Is there a fee for Balance Transfers? How can I request a Balance Transfer?

How long will it take to process a Balance Transfer? How much can I transfer? Can I transfer balances from a number of financial providers? Managing your account.

Can I manage my card account online? Making a payment When making payments please always quote your account number — this is the digit number in the top right hand corner of your statement. How much can I pay each month? Can I change the day that my payment is due? Will it cost me more if I only make the minimum payment?

What happens if I miss a payment? How often do I have to make a payment? Can I make more than one payment each month? What is a Recommended Extra Payment? The Recommended Extra Payment may change each month so you should also check your statement. How do I pay the Recommended Extra Payment? Do I have to make Recommended Extra Payments?

Any arrears will also be included in the Payment Requested. Why have I been selected for a Recommended Extra Payment? How do I opt out of Recommended Extra Payments? What is a Boosted Payment? This will pay your: contractual minimum payment plus any arrears monthly instalment payments, if applicable Plus, a Boost Payment, which will vary depending on your balance.

How do I start making Boosted Payments? How do I stop making Boosted Payments? Can I re-open my account if I close it? No, if you close your account you cannot re-open it. You would need to apply for a new account. Bank of England Base Rate Linking. What is the Bank of England Base Rate? Could rates go up as well as down? How will you let me know if the Bank of England Base Rate changes? Do I still get my interest free period?

Persistent Debt. What is Persistent Debt? What happens if my account falls into Persistent Debt? How do I avoid my account being in Persistent Debt? When will I get a statement? Will I receive eStatements or paper statements?