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Sofas on Finance FAQs: Your Questions Answered

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Ed Hawes
Sofas Interest Free Credit DivideBuy

Need a new sofa tomorrow, but want to spread the cost over time? Do not fear, you can buy one of our sofas with DivideBuy, our retail finance offering. That means you can spread the cost of the sofa over many months with no heavy upfront costs or large monthly bills. 

Without factoring in new furniture, moving house or into an unfurnished rental is expensive – the logistical cost and down payments add up. So, we want to make buying furniture accessible for all and that’s where DivideBuy comes in. 

What is DivideBuy? How does it work? What’s the catch? Don’t worry, we explain everything in the blog below. But, in short: you can now spread the cost of the sofa over many months with zero interest. Win, win.

What is DivideBuy?

Part of the Zopa Banking Group, DivideBuy is a leading retail finance provider working with the UK's biggest home furnishings brands to provide finance to customers online and instore. Trading as DivideBuy, Zopa's retail finance division offers Interest Free and Interest Bearing Credit products for up to 60 months. As a trusted partner trading with DivideBuy for the better part of three years, we thought it’s high-time to shake things up.

As an introductory offer, you can now get 0% interest with any purchase up to 36 months, until the end of September 2023. In short, buy now and pay no interest for the entirety of your agreement. From October, long-term finance agreements over 36 months will be Interest Bearing with a 9.9% APR. 

How does it work?

As stated above, you can get 0% interest for up to 36 months, with any purchase until the end of September 2023.

After that, DivideBuy finance can be used interest free for up to 24 months for products between £50 and £6,000. Where Interest Free or Interest Bearing Credit is available beyond 24 months, this limit is up to £12,500.

At checkout, there’s an option to pay with DivideBuy. Once selected, you will be taken to the DivideBuy website to apply for finance – it takes less than five minutes. If accepted, a deposit may be required for Interest Free Credit, however, Interest Bearing Credit does not require a deposit, only the initial payment which is calculated during the application (usually 1 of the 36/48 installments). Easy.  

Who can apply?

Anyone can apply if you fit the following criteria; 

  • Applicants must be aged between 18 and 75
  • Be a permanent UK resident
  • Have a valid debit or credit card
  • Have a valid UK mobile number
  • Have a valid email address

If you fit the bill, you’re ready to go. 

Will there be credit checks?

Yes. A credit check is performed to assess your eligibility during your application.

DivideBuy also has an Eligibility Checker which is available on this website so you can assess your eligibility for the amount you want to borrow. This will not affect your credit file, although you will be asked to undergo a hard credit check at the point of purchase

If you have any further questions about DivideBuy finance, please send us an email:


Zopa Embedded Finance Limited trading as Dividebuy is an appointed representative of Zopa Bank Limited which is authorised by thePrudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542 & 993200). Zopa Embedded Finance Limited (14602085) is incorporated in England & Wales and has its registered office at: First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Embedded Finance Limited 2023. All rights reserved.

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