If your paycheck does not allow you to pay full upfront, then you must be interested in exploring “buy now pay later” options. Luckily, apps like Quadpay let you do just that!
What We Will Talk About Here?
1. Afterpay, Sezzle and Splitit are the top choices for apps like Quadpay that let you buy now and pay later.
2. Almost all the apps except Paypal Credit charge 0 to minimal interest charges.
3. You should be mindful of the purchases you are making as they can pull you in a low credit zone.
…and Much More!
Apps Like Quadpay – 8 Best Picks!
There are times when your paycheck doesn’t allow you to pay the full amount upfront but the item in front of you is too good to say No to!
That is where Quadpay comes in and helps you with buying it now and paying later to make the purchase lighter on your pocket.
So while Quadpay is a good option, what are other apps like Quadpay that offer better services? Here are the top 8 that you would like to hear about.
Afterpay and Quadpay have a lot in common.
- This program allows you to conduct online shopping and pay in 4 four equal payments/ instalments.
- The payments are made every 2 weeks, providing plenty of time to organize your funds.
- One of the best features of the app is that it has over 12,000 vendors on board.
- It’s worth mentioning, though, that approval and rejection are handled on a per-purchase basis.
- Make on-time payments to boost your chances of getting authorized.
You might be interested in reading: Stores That Accept Afterpay.
Over the last few years, Sezzle has become increasingly popular thanks to its flexibility and handsome set of features.
- Its rapid approval process includes light credit checks on their users.
- You’ll get an approval decision as soon as your account is verified
- You can start purchasing right after you receive the approval.
- It’s worth noting that even if you’re turned down, your credit score will remain unaffected.
- You must pay the first instalment at the time of purchase and the following 3 instalments every two weeks with Sezzle.
You may have noticed Affirm after making a purchase from a well-known retailer such as Walmart, Wayfair, or Casper.
- Thousands of offline and online retailers have partnered with the company.
- Users also appreciate the fact that there is no minimum credit score requirement.
- To get authorized, a mild credit check is required.
- According to the organization, the average consumer takes out a $750 loan and repays it in 9 months at an 18% APR.
- For an online loan company, that’s a sizable sum, making Affirm an excellent option to Quadpay for larger purchases.
You might be interested in reading: Stores That Accept Affirm for “Buy Now Pay Later” Purchase.
Because users do not need to apply for a line of credit with Splitit, this buy now pay later option is more accessible.
- You can make purchases with your existing Mastercard or Visa credit or debit card.
- When making a purchase from one of their partner suppliers, you may select Splitit as a payment method.
- Here you can choose the number of installments you wish to pay back to the total cost of your purchase.
- Once a month, these amounts are deducted automatically from your card.
- The maximum purchasing limit for debit cards is $400.
Over 5,500 websites accept ViaBill as a payment method.
- You must provide personal information such as your email address, phone number, and credit or debit card number.
- It’s worth noting that the approval occurs in real time.
- You can make 4 equal monthly instalments, with the first one paid at the point of purchase.
- ViaBill is comparable to Quadpay in that it does not conduct credit checks.
- Furthermore, there is no need to be concerned about interest.
Zebit has more than 3 million users, and you may be the next one to sign up.
- It is fantastic since it allows you to take out a $2,500 interest-free credit line.
- That’s a substantial sum that should cover all of your buying demands.
- To be eligible, you must be at least 18 years old.
- You must also be employed or retired with benefits.
- When Zebit says they don’t charge interest or membership fees, they mean it.
Perpay is one of the most straightforward payment options available.
- You’ll be asked a few questions after you sign up to determine your Spending Limit. This ranges from $500 to $2,500.
- You may next begin browsing their marketplace with thousands brands.
- You’ll need a direct payroll deposit, and the payments will be withdrawn from your future paychecks.
- You won’t have to be concerned about missed payments.
- Your spending limit may increase as you continue to use the platform.
You’ve probably used PayPal to send or receive money at some point. PayPal Credit is a new service.
- It allows you to receive a revolving credit card that integrates with your PayPal account and gives you a reusable credit limit.
- You can make online purchases with your credit card and pay off the balance over time.
- This is an appealing choice if you use PayPal frequently.
- However, many customers may be put off by the high interest rates.
- If you pay the whole amount in 6 months, you won’t be charged any interest on purchases of $99 or more.
The Bottom Line
Keep in mind that shopping applications that allow you to buy now and pay later can be beneficial or dangerous.
- It’s easy to buy things that are above your financial means, but these applications can help by allowing you to pay in modest, monthly instalments.
Just be careful not to be caught in a debt trap, especially if you’re utilizing shopping apps that can negatively impact your credit score.
Frequently Asked Questions About Apps Like Quadpay
What app is just like Quadpay?
Sezzle is another excellent buy now, pay later software that is quite similar to Quadpay.
Sezzle, like Quadpay, allows you to divide purchases into four equal payments, with 25% required up front and the balance spread out over six weeks. You also won’t have to pay any interest, and they won’t report to the credit bureaus!
Is Sezzle and Quadpay the same?
The difference between Sezzle and Quadpay is that Sezzle offers payment processing and instalment payments. Quadpay, on the other hand, is unusual in that it only accepts instalment payments.