IMPORTANT INFORMATION

All credit is subject to status and you will need to meet our creditworthiness and affordability criteria to be approved.

We will check your credit file as part of our assessment process which will leave a search footprint. We use TransUnion credit reference agency and you should contact them directly if you would like to know more about the information that they hold about you.

You may be offered a different credit limit and representative APR to any shown here as it depends on your individual circumstances.

You must make at least the minimum payment in each month you have a balance outstanding on your account. If you don’t, there could be severe consequences and we may:

• Terminate the credit agreement, meaning you won’t be able to use Polar Credit anymore and you will be required to pay the outstanding balance under the credit agreement in a lump sum;
• Report any missed payments to a credit reference agency which could make obtaining credit more difficult and expensive in the future;
• Apply additional interest and charges (full details of these are set out in the credit agreement); and
• Refer your account to a debt collector or take legal action against you to recover the money owed.

If you only make the minimum payment each month, it will take you longer to pay off the balance and will cost you more.

The rate of interest may be changed (up or down) in accordance with our credit agreement with you.

We may change your credit limit from time to time which may mean reducing your credit limit as part of our responsible lending assessment.