zip (formerly quadpay)
Zip offers a unique BNPL model. Whereas most purchases require you to pay through the buy now pay later apps, Zip produces a virtual Visa card for your checkout. Purchase anywhere and choose Zip at checkout, or if Zip is not available, it will offer a one-time Visa card to use.
You can make four equal payments without interest, and you are only charged $1 in installment fees. You have to make the first installment payment right away, but Zip does not perform a hard credit check.
Pros
You can make four equal payments without interest, and you are only charged $1 in installment fees. You have to make the first installment payment right away, but Zip does not perform a hard credit check.
Pros
- Can be used anywhere Visa is accepted
- Interest-free payments
- Good for both in-store and online purchases
- Up to $7 late fee
- Soft credit check performed for approval