What are the risks of using finance for my project?

Finance creates a contractual repayment commitment. Interest-bearing credit costs more than the cash price, and a longer term can increase the total amount repaid. Missing or late payments may affect your credit record and ability to obtain credit and could lead to further action under the agreement. Review the exact rate, term, monthly payment and total amount repayable before accepting. Energy savings are variable and should not be relied on to meet repayments.