Biba announced that its members will be able to pay their FSA regulatory levies by instalments at a rate of 3.3% (9.3%APR) in 10 equal payments.
Biba partner member and scheme provider Premium Credit will oversee the facility and has guaranteed to accept all applications from Biba members with no exceptions.
Premium Credit chief marketing officer Simon Moran said: “We have created a straightforward, cost-effective finance solution that is available to all Biba members regardless of size.”