Device Financing Program with Street Cred

Our partner Street Cred offers flexible financing solutions to cater to various credit classes, ensuring accessible payment plans for Prime, Near Prime, and Subprime customers. Below is a breakdown of our financing options to help your clients find the right solution.

How do we qualify?

  • Our lenders require a hard credit check as apart of the credit application process

  • We review their track record of repaying past debts (loans, credit cards, etc.) to gauge reliability and minimize risk.

  • We compare their monthly income to existing obligations (rent, loans, etc.) to ensure payments align with their budget.

  • Steady employment or a consistent income source (pay stubs, tax returns) helps confirm their ability to manage payments long-term.

  • The cost of the device and the financing amount requested influence approval—we aim for a loan size that fits their financial capacity.

  • If applicable, an upfront payment reduces the loan amount, lowers monthly costs, and improves approval odds.

  • If they’re already a customer (e.g., prior loans or accounts), their history with us may streamline approval or unlock better terms.

  • Simple eligibility criteria apply, such as being of legal age (18+) and a resident of the country where financing is offered.

Installment Plans

Loan Terms

  • 6 weeks (4-payments)

  • 3 months (8-payments)

  • Initial Payment: 25% due upfront.

  • Early Buyout: No penalty for early payoff.

  • Offer Expiration: Up to 30 days.

  • MDR (Merchant Discount Rate): 3.0%

Loan Terms

  • 6 weeks (4-payments)

  • 3 months (8-payments)

  • Initial Payment: 25% due upfront.

  • Early Buyout: No penalty for early payoff.

  • Product vs. Service: Product and service required.

  • Offer Expiration: Up to 30 days.

  • MDR (Merchant Discount Rate): 4.0% to 7.0%

Buy Now, Pay Later

Loan Terms

  • 9 to 24 months based on loan amount.

    • $200 - $500 = 9 months

    • $501 - $1,000 = 12 months

    • $1,001 - $1,500 = 18 months

    • $1,501 - $5,000 = 24 months

  • Loan APR / Multiplier: Based on loan term, e.g., 9mo = 1.4x, 12mo = 1.6x, up to 24mo = 2.3x.

  • Fees:

    • No loan fees if <$500.

    • Early buyout available at 30 days with SAC (Same As Cash) or monthly fee.

  • Product vs. Service: Product only.

  • Offer Expiration: Up to 60 days.

  • MDR: 3.0%

Lease-To-Own