There are no annual, application, or origination fees. In addition to interest, there may be late fees if you miss a payment. Please see the Terms of Service for the detailed fee structure.

Eligibility is based on factors such as credit history, income, and purchase amount. A soft credit check is performed during the application process, which does not affect your credit score.

We consider a range of factors in the approval process, so having bad credit or no credit history does not automatically disqualify you. Each application is evaluated individually.

Offering Payaway can increase your sales by providing flexible payment options your customers are seeking, improving conversion rates, increasing average order values, growing customer loyalty, and attracting a broader customer base.

To become a Payaway partner merchant, fill out our application form on the website. Once your application is reviewed and approved, you will be contacted by your assigned Merchant Success representative.

Benefits include access to a large and diverse pool of potential borrowers, increased loan origination opportunities, potential leads for other products and services, and enhanced visibility and brand awareness.

Lenders compete based on the interest rates offered to consumers according to the terms and conditions. Payaway identifies and presents the best financing offer to the consumer upon approval and at checkout.

Lenders can apply by filling out the application form on our website. After an initial review, we will schedule a meeting to discuss your qualifications, answer any questions, and outline the next steps for onboarding.