Hire Purchase plans with E-Finance makes it simple and convenient to get your home goods now, while paying over time.
How Does it work?
We’re here to make your home shopping experience smooth and stress-free. Start today and bring your dream home within reach.
1️. Visit us in-store at any of our 4 hire purchase sign up locations:
- Piarco Plaza
- Shops of Arima
- Gulf City Mall
- 35b Wrightson Road the Galleria at Wrightson Road, Port of Spain.
2️. Select the item(s) you love with a total value of $1,500 or more.
3. Fill out the E-finance application forms.
4. Apply for pre-approval by submitting the following:
- 2 forms of valid ID (National ID, Driver’s License, or Passport)
- A recent utility bill (electricity or water, no older than 1 month)
- Proof of income (2 most recent pay slips or bank statements)
- Job letter (to verify employment)
5. Our E-Finance hire purchase officer will review your application within 48 hours, and once approved, you’re ready to take home your stylish finds!
Delivery options are available, or you can pick up your items in-store.
Frequently Asked Questions
- What is a hire purchase agreement?
A hire purchase (HP) agreement allows you to purchase an item by paying in installments over a fixed period. You make regular payments until the total cost is paid off, after which you take full ownership of the item.
- What is the minimum loan amount to qualify for hire purchase?
The minimum loan amount is $1,500. The maximum amount will be determined based on the customer’s eligibility criteria.
- How is the interest rate calculated?
The financing plan is tailored to suit you! EFDL assesses each application individually, they will then review your specific repayment capabilities and circumstances to create a loan that is most convenient to you!
- How many items can I purchase with my loan amount?
You can purchase as many items as you like once your total cart value is $1500.00 and up!