PayItMonthly Blog

Stay upto date with our most recent news and updates

Introducing Our New Product Option – Guaranteed

Introducing Our New Product Option – Guaranteed

We know that the products we offer now are well suited to some businesses, but not all. So PayItMonthly continues to progress by adding a brand-new option, the Guaranteed option. What is this? The Guaranteed option does exactly what it says on the tin. You are...

Promote Your Finance Option

Promote Your Finance Option

It seems obvious to say that by not letting customers know you offer finance will result in fewer sales. However, you would be surprised at the number of businesses that don’t put it out there. Some wait until they are asked “Do you offer finance?”; some just think...

Subscription Payments – Spreading The Cost

Subscription Payments – Spreading The Cost

Giving your customers the option of spreading the cost for your service could increase sales and customer loyalty. People generally do not like being told that they have to pay a specific way. Most companies now offer a range of payment methods for customers to...

MNDA Charity Raffle 2017

MNDA Charity Raffle 2017

PayItMonthly has recently completed our very first charity event. We were raising money for Motor Neuron Disease Association (MNDA) www.mndassociation.org. Motor Neuron Disease is a progressive neurodegenerative disease that attacks the upper and lower motor neurones....

Taking Legal Action

Taking Legal Action

Unfortunately, there are those customers who refuse to pay or stop paying without providing a good reason. Whilst we always endeavour to get these accounts back on track through our standard collections activity; some customers just refuse to communicate. In these...

We Have Just Launched Our New Support Website

We Have Just Launched Our New Support Website

So, we already have high levels of support, as shown in our 2016 survey, for our clients and customers, but we never like to rest on our laurels! We have made a change that will make it even easier for you to use our system now and contact us if you need help! We have...

Interest Free or Not Interest Free

Interest Free or Not Interest Free

Having recently read an article on interest free deals, it made me think about how important it is for customers to understand exactly what they are signing up for. Interest free should mean just that. Now, of course, most of these deals have the caveat of “interest...

The Importance of Affordability

The Importance of Affordability

One of the first things many businesses do before offering a customer finance is to credit check them. And whilst there is no denying that this is a good indicator of how responsible the customer has been in the past; that’s not to say that the people that are being...

Why use PayItMonthly compared to offering finance in-house?

Why use PayItMonthly compared to offering finance in-house?

When offering to spread customers payments, some companies will consider cutting out the middle man and offering finance in-house. This can be because they believe they will make more money doing it themselves; because they are unable to find a suitable finance...