DJ Equipment Finance

DJ Equipment Finance

Spread the cost of your purchase today with 6, 9, 12, 24, and 36 month DJ Finance options available.

It can be challenging to pay upfront for the cost of DJ Equipment so why not choose to spread the cost over one of our DJ Finance options instead. The DJ Shop is one of the longest standing retailers offering Finance. Finance can be an useful tool for spreading out the expense of your purchase when used appropriately. We've partnered with Deko, whose safe technology enables you to swiftly and conveniently submit a loan application to one or more properly vetted lenders. The Financial Conduct Authority has authorised and regulated Deko as a credit broker rather than a lender. In the "Legal Information" part of this page, learn more about the regulations that apply to The DJ Shop and Deko. Below are additional details regarding Deko:

The DJ Shop has partnered up with DEKO, a leading retail finance provider, to be able to offer you a selection of finance packages when you order on on purchases over £279.00. This includes DJ Equipment Finance and DJ Controller Finance. Deko links you up with lenders who have the greatest financing alternatives for your purchase and you. Omni Capital will take into account your finance application as a client of The DJ Shop.

Simply select Deko at the checkout and the appropriate finance option to spread out the expense of your purchase. The application form is short and sweet and has guidance throughout to help you. Your lender will make a decision in a matter of seconds.

Who are DEKO?

Deko is a leading finance technology provider that allows consumers to purchase goods through finance.

Deko is a trading name of Pay4Later Ltd which act as a credit broker and not a lender. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). We ourselves are authorised by the FCA under no 0713626.

Arrangements with Lenders

Deko's lenders all have the necessary authorizations and permissions to provide you with credit. They must adhere to strict responsible lending guidelines, so you can be confident that your application will be treated fairly and responsibly.

Deko may receive a commission from the lender they introduce you to (either a fixed fee or a fixed percentage of the amount you borrow).The commission rates paid by the lenders Deko works with vary, but they have no bearing on the interest rate you will have to pay. In accordance with the lending partners' decision-making procedures, you will be presented with the best rate on the market from Deko. You have the right to ask Deko's customer support team at [email protected] or by phone at 0800 294 5891 how much commission was paid in relation to your application.

Who can qualify for DJ Finance?

You will only be considered for finance from The DJ Shop if you:

  • Are at least 18 years old
  • Are in paid employment or have a regular income of minimum £5,000 per annum (unless you are retired and receiving a private pension or in receipt of disability allowance)
  • Are a permanent UK resident and have lived in the UK for at least 3 years
  • Have a UK bank account able to accept Direct Debits
  • Have a good credit history with no late payments, debt relief orders, County Court Judgment (CCJs), Individual Voluntary Arrangement (IVAs) or bankruptcies
  • Use an email address, so your documentation can be emailed to you

Finance Options Available

Here at The DJ Shop, you can get a flexible 0% interest-free option over 6, 9, or 12 months with a 10% deposit, following with your first scheduled monthly payment 30 days later. We also offer Interest bearing finance options with a low 16.9% APR over 24 or 36 months with a 10% deposit. Please note that finance is a form of credit and is subject to status.

Understanding the Figures

Deko wants you to understand the costs, terms, and key features of the financing options available to you. This information will be displayed to you as you shop and at the checkout.

At the checkout, use our finance calculator to see how different loan amounts, terms, and interest rates affect the total amount you must pay and the monthly repayments. The finance calculator is only for illustrative purposes and does not constitute a quote or formal offer of finance. If you apply, the offer you receive will be based on your personal circumstances as well as the lender's policies.

Before you apply for financing, make sure you understand what this information means for you. The numbers and information you see when applying for finance can be overwhelming, so Deko has created a simple guide to assist you.

Here's an example of what you might see at the checkout counter, along with some helpful explanations. Please keep in mind that the format, layout, and content of checkout finance calculators may differ.

Whatever financing option you choose, you must be certain that you can afford to pay the deposit and make your monthly payments. You should consider any changes to your situation that may occur during the term of the loan that may have an impact on your finances, such as retirement, moving, changing jobs, or any health issues that may affect your income or expenditure.

The representative example can be found alongside the finance calculator and on some of the promotional banners. This could be written in the form of a table, as shown in the example below, or as a sentence:

Representative Examples

12 months Interest-Free (0% APR) Example

  • Cost of goods: £2000.00
  • Deposit: £200.00
  • Loan Amount: £1800.00
  • Length of Agreement: 12 months
  • Monthly Payment: £150.00
  • Interest Rate: 0% Fixed
  • ARP: 0% APR Representitive
  • Total Amount Payable: £2000.00

12 months Interest Bearing (14.9%) Example

  • Cost of goods: £1099.00
  • Deposit: £109.90
  • Loan Amount: £989.10
  • Length of Agreement: 12 months
  • Monthly Payment: £88.77
  • Interest Rate: 14.9% Fixed
  • ARP: 14.9% APR Representitive
  • Total Amount Payable: £1175.15

As previously stated, the representative example is not a quote or a formal offer of finance; we show it to help you understand how much a loan will cost and to allow you to compare it to other products.

While these figures can help you understand how much a loan will cost you, it's also important to understand any other potential costs in the terms and conditions of the finance option you choose. If you do not make your payments on time, you may be charged a missed or late payment fee.

DJ FINANCE Frequently Asked Questions (FAQs)

Will I be approved for finance?

Your application will be evaluated based on eligibility, credit history, and affordability, and Deko will notify you of the results in a few seconds. As part of their assessment, your lender will conduct a 'soft' credit search on your credit file to ascertain if the loan is affordable to you and whether you are likely to make your payments on time.

It's critical to understand that if your application is approved, a 'hard' credit check may be performed on your credit file. A'soft' credit check is only visible to you, but a 'hard' credit check is visible to others viewing your credit file. For example, if you apply for credit in the coming years, the lender will see that a application credit search has been carried out on your credit file.

In selected instances, your application can be sent to a lender for manual review; in that event, you'll receive an email within 24 hours with the lender's credit decision.

What should I do if my request is declined?

Your lender might not be able to provide you with a detailed explanation of why your application was rejected. When making a lending decision, lenders consider information from your credit report together with information on your income and expenses. Please get in touch with your lender if you believe there was an error; their information can be found on the email alerting you that your application was declined.

If you believe your credit report contains an error, you can also get in touch with the credit reference agencies:


The Loan Agreement

You will be provided with a few crucial documents, including critical details regarding your loan, before you sign your credit agreement. You should study these publications carefully and comprehend the information and major concepts. Before you sign your credit agreement, if you have any queries, you can contact the Deko customer support staff at [email protected] or by phone at 0800 294 5891.

If I have a query about my loan, who should I get in touch with?

Contact your lender if you have any inquiries regarding your loan, including those pertaining to Direct Debit or changing your personal information. Their contact information will be included in your application as well as on any correspondence you get regarding your finance application.

I'm having trouble making my deposit payment online

Call 0800 294 5891 or send an email to [email protected] to reach Deko customer service.

When will a copy of my loan agreement arrive?

Once your lender has made their choice, you will be given an unsigned copy of your credit agreement to sign. Your credit agreement will be signed by both you and your lender when you have done so, and a copy will be made available for download. These will also be sent to the email address you provided in a safe manner.

After this, you can ask your lender for a copy of your contract if you need one at any time.

Your right to cancel will be outlined in the terms of your loan agreement. Within 14 days, you might be able to cancel your loan agreement. If you choose to do this, you will still be obligated to pay for your purchases using a different method of payment.

Order and Payment

How do I pay my monthly payment?

You can set up quick pre-authorised payments using your bank account or credit/debit card with the assistance of your lender.

Can I have something delivered somewhere other than my home address?

We are only able to send products to your home address in order to protect against fraudulent applications.

My order needs to be modified

The sum or length of a loan cannot be changed once it has been approved. To change the products or services you ordered, you must get in touch with us (your retailer), and you might need to submit a new credit application. Please be aware that we cannot promise that a fresh credit application will be accepted.

I haven't received my goods or service

Please contact us at [email protected] and we will help you.

I'd like to update my Direct Debit information

Changing your payment date is only possible after the first payment has been made. Please contact your lender to discuss updating your Direct Debit information.

Are there any fees or charges?

There are no application fees, and Deko does not charge you for its credit broking services.

If you do not keep up with your payments, your lender will charge you fees. If you are issued an arrears or default notice, you may be charged late payment fees as well as administration/letter fees. All fees and charges will be detailed in the terms of your credit agreement.

Returns and Cancellations

I'd like to return my products and cancel my finance agreement

Please see our Cancellation Policy for more information. Some products, such as made-to-order or bespoke goods, cannot be cancelled, so you should double-check this before proceeding with your purchase.

If you do have the option to cancel, you must do so within 14 days of signing the finance agreement.

Please contact us to cancel your finance agreement and make arrangements to return your item/s purchased. We will notify your lender to cancel your finance agreement and refund any payments made once we have confirmed cancellation. If you made your purchase in-store, we will refund your deposit payment. Your lender can only cancel your finance agreement if you cancel your purchase with us.

What happens to my loan if I cancel my order?

If you are dissatisfied with your purchase, you may return it within 14 days of receipt. In this case, we will notify your lender and request that your loan amount be reduced accordingly. In cases where a full refund is processed, you will receive confirmation from your lender within 3-5 business days after we received your return.

Your Personal or Financial Situation

Things can change for anyone of us at any time. If your personal or financial circumstances change, Deko and your lender will do everything they can to make submitting your application and managing your loan repayments as simple as possible.

If you have any problems or questions about your online application, please contact Deko's customer service team at [email protected] or 0800 294 5891.

If you are having difficulty because of a change in your circumstances, please contact your lender and request assistance.

Use of Your Personal Information

You will be asked to provide information about your personal, employment, and financial situation in order for your application to be processed. Deko shares your personal information with their partner lenders so that they can decide whether or not to offer you financing. Lenders conduct a search with one or more Credit Reference Agencies to assess creditworthiness and affordability before making a decision.

More information about how Deko uses and protects your personal data can be found in their [Privacy Policy].

Your lender will tell you where you can find out more about their privacy policies.

Do you still have questions?

If you still have questions about your finance application or need assistance filling it out, visit Deko's FAQs page.

Please contact your lender if you have any financial questions. Their contact information will be provided throughout your application and on any correspondence regarding your finance application.

FCA Authorised

The DJ Shop, t/a Movement Sound & Lighting Ltd is a credit broker, not a lender and is authorised and regulated by the Financial Conduct Authority (FCA 713626). We do not charge you for credit broking services. We will introduce you to Finance available from a number of our partner lenders.