Financing and Repayment FAQs - PayPossible

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Financing and Repayment FAQs

What is the Criteria to Qualify for Financing?

Lenders will look at a variety of data points when making a decision about whether to extend you credit. Chief among these are your credit score, payment history, employment status, and your debt-to-…

Updated 2 months ago by Justin Humphries

How do I Repay the Financing for my Purchase?

R epayment will be completed through the Lender in which you selected. While each lender is different, the typical preferred method is through automatic payments setup via your Bank Account. In some…

Updated 2 months ago by Justin Humphries

How Much is My Payment?

Your payment terms are set by the lender in which you selected and will be included in your agreement with the lender. You will receive emails from both PayPossible and the Lender when your payment i…

Updated 2 months ago by Justin Humphries

When is My Payment Due?

Most payments are due 30 days after the contract is signed, however it will depend on the lender. In some cases our lenders will ask for the first month’s payment upfront, but this will all depend on…

Updated 2 months ago by Justin Humphries

Can I Make My Payments with a Credit Card?

The ability to make a payment via credit card will depend on the lender but in most cases you will need to pay through your bank account, check, or debit card. In some cases our lenders will allow a…

Updated 2 months ago by Justin Humphries

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