Rates & Terms
Down Payment: A down payment is required.
Minimum Loan Amount: $60
Maximum Loan Amount: $6,000*
Loan Term: 3, 6, or 12 months*
Annual Percentage Rate: 0-35.99% APR**
0% APR Plan: A 3-month 0% APR plan is available to all approved customers at participating merchants only. 6- and 12-month plans subject to interest are also available at these merchants. Example: A $300 purchase with 0% APR, repayable over 3 months, would have a down payment of approximately $42 and monthly installments of $86. A $300 purchase with a 29% APR, repayable over 12 months, would have a down payment of approximately $40 and monthly installments of approximately $25. Actual approval amount, APR, and down payment vary and are based on creditworthiness, state of residence, merchant location, and loan term.
Deferred Interest Promotion: A deferred interest option allows approved customers at participating merchants only to avoid paying interest if they prepay the amount financed in full within 1 month of the date of the agreement. If customers do not prepay the amount financed in full by that time, then they will be responsible for paying interest as it accrues.
Late Fee: If any part of a payment is 10 or more days late, you may be charged a late fee of $10.
All loans are made by Transportation Alliance Bank, Inc., dba TAB Bank, which determines qualifications for and terms of credit.
- You must be 18 or older as required by state law.
- You must have a bank-issued debit card for the down payment.
- You must have a valid email address and mobile phone number.
- You must have a valid street address or AFO/APO address.
Financing is subject to approval, based on creditworthiness, state of residence, and merchant location.***
*The maximum loan amount and loan term depends on the industry and merchant where you finance your purchase.
**The APR range depends on the industry and merchant where you finance your purchase as well as your state of residence. Residents of the following states are subject to the APR caps listed here: Colorado: 9.99-35.99% APR for loans of $1,000 or less; 9.99-20.99% APR for loans over $1,000 but not more than $3,000; 9.99-14.99% APR for loans over $3,000; Maryland: 9.99-23.99% APR; Massachusetts: 9.99-17.99% APR for loans less than $1,000; 9.99-22.99% APR for loans from $1,000 to $6,000; New York: 9.99-15.99% APR
Loans are not available in or to residents of Connecticut, South Dakota, West Virginia, or Wyoming.