Take it away - 0% Finance Scheme
Advantages of the scheme:
For more information please call us on 0161 445 4466 or Visit Us in Store.
Who runs Take it away?
Take it away is an Arts Council England initiative operated by Creative United. Secure Trust Bank (trading as V12 Retail Finance) is the credit provider for the loans.
Do I need to take proof of address or photo ID with me when applying for a Take it away loan in-store?
We encourage you to bring some proof of ID to assist with the application process, but if you are paying the 10% deposit by credit or debit card, you won't need additional ID. However, if you are paying the 10% deposit by cash or cheque, then you will need to provide 2 forms of ID. Acceptable proofs of ID are: Current UK driving licence (both card and counterfoil for new style licences); Valid Passport; Utility bill, credit card or bank statement dated within the last 3 months will be accepted as a second proof with one of the above. NB - Mobile phone bills are not acceptable.
Can I use the scheme if I am unemployed?
Unfortunately, we are unable to accept applications from people who are unemployed and in receipt of state benefits (apart from Disability Benefit).
Can I use the scheme if I am a student?
Students are eligible to apply, provided that they have a part-time job working at least 16 hours per week.
Can I use the scheme to buy instruments for other people?
Yes, you can use the scheme to buy instruments for other people (e.g. as a gift) if you are 18-25 years of age. If you are 26 or over, you must however be using the scheme to buy an instrument for a child under 18. Please note that that you will remain responsible for repaying the full loan amount to the bank and that the loan is not transferable to a third party.
Can I use the scheme if I live in Scotland, Wales or Northern Ireland?
Yes! Although run by Arts Council England, you can still use the Take it away scheme if you live in Scotland, Wales or Northern Ireland, either by visiting a participating store in England or via mail order through our participating retailers.
Can I use Take it away when the value of the instrument I want to buy is more than £2,000?
Yes. The Take it away loan can be a part-payment towards an instrument that costs more than £2,000. You would have to arrange to pay the difference by other means (e.g. by paying a larger deposit). You cannot use multiple loans to cover the cost of one instrument costing more than £2,000.
Can I use Take it away to purchase a second-hand or reconditioned instrument?
Yes, please call us for our current second hand listings.
What happens if my application for a Take it away loan is declined?
If the appliction is declined staff will discuss the next steps with you in the shop.
Who do I contact regarding payments and direct debits?
Questions about existing plans should be directed to V12 Retail Finace directly on 029 2046 8900 to do this. Alan Gregory Music & Musical Instruments is not involved with the finance agreement after the initial point of sale and cannot help with any enquiries of this nature.
When will my first payment be made?
This will normally be around 30 days from the date of your purchase, but you will receive a welcome letter from V12 Retail Fiannce providing details of your repayment schedule.
Can I change my monthly payment due date?
Yes, this can be arranged once the first payment has been made from your account. Contact V12 Retail Finace directly on 029 2046 8900 to do this.
Can I pay off the loan early? (i.e. before the 9 or 18 months have passed)
Yes, you can pay the balance of your Take it away loan early and there will be no penalty charge for this. Please call V12 Retail Finance directly on 029 2046 8900 to arrange this.
Can I cancel my Take it away loan?
If you wish to exercise your right to withdraw from the finance agreement, you must contact V12 Retail Finance within 14 days of signing the agreement. You will need to arrange an alternative payment method for the instrument with V12 Retail Finance within 30 days.
Can I use the scheme more than once?
Yes, there is no limit on the number of times that you can use the scheme. You can have different loans running concurrently, although you would need to pass a separate credit check for each new application. We would advise you to allow at least 3 months between loan applications in order to establish a repayment record with the bank.
How can I check how many more payments I need to make?
If you have any questions about your repayment schedule or any other queries with regards to your plan, please call V12 Retail Finance on 02920 468900.
Subject to status. Terms and conditions apply. Applicants must be over 18 and buying an instrument for a child under the age of 18, or 18-25 years of age and applying in their own right. Alan Gregory Music & Musical Instruments is a license credit broker of Take it away loans. Registered Address: Xenon House, 10 School Lane, Didsbury, Manchester, M20 6RD