You can also download the information below: Frequently Asked Questions about Collectorplan
Click on a question below to see the answer:
When will I need to make my first payment?
Your first payment will normally be debited from your account around 4 weeks after the date on which you signed the agreement. You will receive a letter from Arts Council of Wales confirming the date.
Who runs Collectorplan?
Collectorplan is run by the Arts Council of Wales - http://www.artscouncilofwales.org.uk/
The aims of the scheme are:
Why isn't the Collectorplan Scheme available in England, Scotland or Northern Ireland?
Creative United operates a similar initiative called Own Art.
Further details can be found here - www.ownart.org.uk/what-is-own-art/
If the customer pays no interest on the loan, who does?
The cost of the loan is subsidised by the scheme funders, Arts Council of Wales, making it affordable for our member galleries to operate as well as guaranteeing the 0% interest rate for buyers.
No – Collectorplan is only available through galleries that have been approved by Arts Council of Wales.
You can buy original works of contemporary art and craft in any media including painting, sculpture, photography, limited edition prints (maximum print run 150), textiles, jewellery, furniture, glass, ceramics, multimedia works – in fact any original work by a living artist.
What is the minimum amount that I can borrow with a Collectorplan loan?
The minimum loan amount is £50 (after deposit). This can either be for the purchase of a single item, or for a group of items where the combined value is £55 or more.
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