How Shop Pay Installments Work | Big Jeff AudioUpdated 6 months ago
How Shop Pay Installments Work | Big Jeff Audio
At Big Jeff Audio, we offer flexible payment options through Shop Pay Installments, making it easier for you to manage your purchases. Here’s how the process works:
How It Works
- Step 1: Add your items to the cart and proceed to checkout.
- Step 2: Fill out your shipping and billing information as usual.
- Step 3: Select Shop Pay Installments as your payment option.
- Step 4: Once all your information is entered, click the “Pay Now” button to proceed.
- Step 5:You will be redirected to a page where you can choose to either:
- Pay in full
- Pay in installments
- Step 6: If you choose installments, Shop Pay will prequalify you and show available payment plans based on your eligibility.
- Step 7: Select the installment plan that works best for you and complete the purchase!
Payment Plan Options
- 4 interest-free payments: Payments are made every two weeks.
- Monthly payments: For larger purchases, you may be offered a monthly payment plan (with interest rates between 0%-36% APR based on your credit approval).
Interest-Free Payments
The 4-installment option always comes with no interest or fees as long as payments are made on time. You can enjoy flexibility and pay over time without any extra cost.
Monthly Payment Plans
If you choose a monthly payment plan for larger purchases, Shop Pay will display the exact terms and interest rates before you complete your purchase. These interest rates can vary from 0% to 36% APR, depending on your credit approval.
Frequently Asked Questions
Will Using Shop Pay Installments Affect My Credit Score?
Answer: For purchases using the 4-installment plan, Shop Pay Installments will not affect your credit score. However, for monthly payment plans, applying for financing may have an impact on your credit score.
Can I Pay Off My Installments Early?
Answer: Yes, you can pay off your remaining balance at any time without any penalties or fees.
How Do I Track My Payments?
Answer: After you make a purchase using Shop Pay Installments, you’ll receive reminders about your upcoming payments, and you can track them easily through the Shop app.
Need Help?
If you have any questions about using Shop Pay Installments at Big Jeff Audio, feel free to contact us at [email protected] or call us at 737-BIG-JEFF.