When you make a big purchase, how do you decide what to buy?
Cash lump sum, credit card payment, electronic money, and QR payment are the most common methods. BROTURES stores accept a wide range of payment methods.
But did you know that BROTURES also offers another very convenient payment method?
At the bottom of the photo above you can see the words "BICYCLE LOAN . " Yes, this is a loan payment.
We're all probably familiar with home loans and car loans, but at BROTURES you can even buy a bicycle with a loan payment!
However, I think many people are likely to have experienced a loan payment only once or twice in their lives, and to be honest, they feel uncomfortable with the word "loan."
But when we looked into it, the conditions were quite good.
The installment fee for "credit card installment payment," which is the comparison for installment payment, is generally around 12% to 15% , depending on the card company. If you make a purchase of 250,000 yen in 12 installments using a card with an installment fee of 14%, the fee will be about 20,000 yen .
So how much would it be if you paid by loan ? The loan company that each BROTURES store has a contract with charges a fee of only 4.5% . As before, if you split 250,000 yen into 12 installments, the fee would be about 6,000 yen . Even though it's the same installment payment, it's more than 10,000 yen cheaper than credit!
Another advantage of "loan payment" is that the screening process is simple and can be completed in a short amount of time.
If you have your ID and mobile phone ready, you can get the results of your loan application in as little as 15 minutes .
In addition, even if you don't have a credit card, as long as you have a bank account and income , even minors and students can make loan payments, so it can be used by people of a wide range of ages.
*If you are a minor, parental consent is required.
The minimum payment is ¥5,000 per month , and the maximum number of installments is 60 .
You can use cash or credit card payments in combination with your wishes. For example, for a 250,000 yen product, you can pay 50,000 yen in cash and 200,000 yen in a loan . If you would like to use both, please feel free to contact us!
As an experiment, let's simulate actually purchasing a fixed-gear bike on loan.
The person considering the purchase is Ono, a 21-year-old university student who earns 80,000 yen a month from part-time work .
The model Ono wants is this LEADER 721TR.
The base of the bike is the 721TR exclusive matte orange. It is a custom bike with carbon wheels on the front and rear, handlebars, seat post, and even cranks.
Ono-kun has been fascinated by LEADER fixed gear bikes since he was in high school, and it was his dream to ride a LEADER with customized carbon wheels. He wanted to get the bike he wanted to ride the most , so this LEADER 721TR CUSTOM BIKE became a prime candidate.
However, when customizing something to this extent, the price becomes a concern .
LEADER 721TR CUSTOM BIKE ¥448,380-
It's still quite expensive...
The price range was already difficult for a young Ono boy, who was a student and had a small budget on the salary he earned from part-time work. He was thinking of paying in installments on his credit card, but the fees for this price were also heavy...
Even if you pay in 24 installments, the fee is ¥68,288 . The fee alone costs the same amount as buying a cheap fixed gear bike.
Then it's time for a loan!!
As mentioned above, Ono has income from a part-time job, so of course he is able to apply for a loan .
As an experiment, I ran a loan simulation with 24 installment payments, just like with credit installments.
The fee is only ¥21,298, which is more than ¥45,000 cheaper than credit installments.
The monthly payment is 19,500 yen, less than 20,000 yen. Ono thinks that if he can just skip a few club drinking parties, he can pay it off. He decides to take the plunge and apply for a loan.
The result was, the review result was “Fail”.
To my surprise, I was rejected. It seems that because I am a university student with a low income, the loan company decided that I was not trustworthy enough.
At this point, Kota, a staff member at the Harajuku store, advised him to pay the remaining ¥48,380 in five installments on credit . Since the fees for credit installments are relatively low if you pay in three to five installments, Ono felt relieved and reapplied for the remaining ¥48,380 by credit installment as instructed, and the remaining ¥400,000 by loan installment .
The result was, the review result was "pass" .
I was approved! I think I paid ¥48,380 as a down payment, which gave the loan company more trust in me. (There are many cases like this.)
After all that, Ono was able to successfully purchase his long-desired 721TR.
He seemed surprised and excited, saying he never thought he'd be able to buy it when he was a university student . Good for you, Ono-kun!
-End-
So, has your image of loan payments changed? This time, we talked about a college student buying a LEADER 721TR custom bike on loan , but you can arrange your monthly payment amount to suit your budget and income.
Regarding loan applications, you can apply not only in person at the store, but also via LINE or email, so please feel free to contact us.
Well then.
