Wayfair Financing has partnered with Affirm, Bread Pay, Katapult, and Acima to offer lending and leasing options.
Affirm (10.99% - 36% APRs available for 3/6/12/18 months).
Affirm offers
installment loans
to customers with fixed monthly payments to pay for their purchases over time. There are no penalties for early payments, and Affirm does not charge any fees. Affirm is offered in all U.S. states and territories.
Bread Pay® (0% APR available for 6/12/24 months and 7.99% - 34.99% APRs available for 6/12/24/36/48 months**).
Bread Pay offers a pay-over-time technology solution that helps you make purchases with easy-to-understand equal payments. With Bread Pay’s
installment loans
, there are no penalties for early payments. Bread Pay is available for U.S. residents over the age of 18 (or over 19 for Alabama or Nebraska residents).
Acima (12 month term, Early purchase options available, Full-term cost assumes you lease for the full 12 months and will cost more than the retailer’s cash price - refer to your lease purchase agreement for details, payment schedule and total cost of ownership).
Acima offers a
lease-to-own program
that gives consumers ownership of the items over 12 months, or even earlier with available early purchase options. Lease payments are tied to consumer paydays, and because it’s a lease, a consumer can return the leased items to Acima at any time, and only pay for accrued rent and fees, where applicable. Not available in Minnesota, New Jersey, Wisconsin and Wyoming.
Katapult (12 and 18 month terms, Early purchase options available, Full-term cost assumes you lease for the full 12/18 months and will cost more than the retailer’s cash price refer to your lease purchase agreement for details, payment schedule and total cost of ownership).
Katapult offers a
lease-to-own payment option
that gives consumers the flexibility to use their products now, while they make recurring payments towards ownership over a 12- or 18-month term. Consumers have an early purchase option in the first 90 days, an option to pay off the lease at any time before the full term, and an option to simply return the products. Lease-to-own provides full ownership of the products upon payment of all scheduled lease payments and most consumers own the product before the end of their lease. The program is unavailable in Minnesota, New Jersey, Wisconsin and Wyoming.
