How payment plans work
Features | Pay in 4 | Monthly installments |
Purchase amount | $50–$1,000+ May differ by store | $50–$5,000+ May differ by store |
Number of payments | 4 | 3,6,12,18, 24, 36, and up to 60 months |
Payment duration | Every 2 weeks | Monthly |
Payment at checkout | Down payment may be required | Down payment may be required |
Interest | Interest-free | 0–36% APR |
Fees? | Never | Never |
Credit impact to apply? | None | None |
Credit impact with a loan? | May impact if delinquent | May impact if loan is accepted or delinquent |
Options depend on your purchase amount and may vary by merchant.