We understand that some of our clients may want to spread the cost of their legal fees and can, in most instances, offer an affordable and convenient way to pay, through our preferred provider, Premium Credit Limited.
Payments can be set up through direct debit and our fees can be paid over equal monthly instalments.
Who is Premium Credit Limited?
‘Premium Credit’ is our chosen provider for a monthly payment facility. With more than 2.1 million customers and processing 24 million Direct Debits, Premium Credit has been recognised as the number one premium finance company in the UK and Ireland.*
Why do I have to deal with Premium Credit Limited and not Milne Moser?
We are not a financing company, so are not permitted to provide a direct debit lending facility. We introduce clients to Premium Credit so that they can have the convenience of staggering their payments.
Who can make use of the monthly payment plan facility?
As with any credit arrangement, credit will be subject to status. To be eligible, clients:
- must be 18 years old or over
- must hold a UK bank account (capable of accepting direct debits)
- must not have been declared bankrupt.
Will I need to sign anything?
You will be required to sign a Credit Agreement. This gives both you and Premium Credit protection to ensure that both parties understand what they are entering into. For ease, you can sign this agreement online and will be provided with full details by Premium Credit.
How do I sign the credit agreement?
The easiest way to sign the credit agreement is online. By following this link https://digital.premiumcredit.com/, you will be able to register your account and sign the agreement.
Once your account has been set up, you will be able to track and manage your payments, as well as update your personal details. Should you not sign the agreement online, the agreement will be sent to you in the post, to sign and return.
What name will I see collecting payment on my bank statement?
Your bank statements will reflect either Premium Credit or Milne Moser.
When will Premium Credit start to collect payments?
To ensure that your legal costs are paid within our payment terms, Premium Credit may begin collection of your monthly payments prior to receipt of your monthly agreement. This does not affect your rights to cancel your agreement, should you feel the agreement is not suitable for your financial needs, once received.
Why have my payments decreased/increased?
You will be sent a letter detailing any amendment to your payment plan and the reasons for this, by Premium Credit.
Can I withdraw my agreement with Premium Credit?
You have the right to withdraw from the credit agreement within 14 days from the day on which the agreement was made or the day on which you received the terms and conditions – whichever was the later.
For further details on how to cancel your credit agreement, settling your balance and other credit-related questions, you should refer to the full terms and conditions of your agreement with Premium Credit Limited.
Who do I contact to discuss my payment plan?
As your credit agreement is between you and Premium Credit, you should contact Premium Credit, directly. Their contact details can be found by following this link https://www.premiumcredit.com/contact
Premium Credit Regulatory Information
We use Premium Credit Limited to provide finance to our clients. We do not receive a commission for introducing clients to Premium Credit.
Your personal information and the bank details you provide to us will be passed to them and they will contact you via email or text and send PDF or Word documents.
Credit is subject to status and they may use a credit reference agency that leaves a record of the search or other information about you to carry out credit and anti-money laundering checks. They may also make credit assessments based upon any previous payment history you may have had with them.
*Source: Premium Credit Limited, October 2019