No, the Virtual Card is a one-time use card and can only be used for a single purchase. To make another purchase using PayBright, you can generate another card by clicking on the link in the text message you receive from PayBright and following a few short steps.
Unfortunately we can't combine all your loans into one or change your payment due dates.
PayBright does a "soft" credit check to verify your identity, but it won't impact your score. The loan also doesn't reflect on your credit report. However, the "Pay Monthly" option requires a hard credit check from PayBright. ... PayBright also reports your payment activity to the bureaus.
While we are not able to increase your spending limit, this automated method is designed to assign the highest spending limit possible, so that we keep you covered in case you wanted to add an extra thing or two!
If you miss a Pay in 4 payment, our system will automatically re-schedule it to be re-attempted on your configured Debit/Credit card, at a later date. To find out when your missed payment will be re-debited, Please log in to your PayBright account to view your updated payment schedule.
To see the remaining balance on your loan(s), sign in to your PayBright account and select the loan. You can also view your payment schedule to see how many payments you have left, and when they're due!
To schedule extra payments or a full balance payoff, please log into your PayBright Portal and select the payment plan you want to pay off. You will have the option to either make a partial prepayment or pay off your payment plan in full.
Here are a few possible reasons: We couldn't gather sufficient credit information from the credit bureau to make a decision. Your credit information didn't allow us to provide an approval. Your existing PayBright spending limit is less than the minimum purchase amount set by the retailer.
Yes, there is a small monthly fee and an interest rate based on approval. You can pay off your financing through PayBright early with no pre-payment penalty.
PayBright can be a great flexible option to break up the cost of an expensive purchase; but, it's important to keep in mind that in participating, consumers are in fact taking on debt. Before participating, make sure you fully understand the costs associated with your purchase.
1.At checkout, select PayBright as your payment option. ... Enjoy your purchase, and pay over time. Your payments will be automatically charged, so you can sit back and relax!
Interest Rates
The cost of our payment plans ranges between 0% and 29.95% APR (Annual Percentage Rate). Contact the retailer directly or check their website to find out what plans are available.
When placing an order on a Pay in 4 Plan, PayBright places a temporary authorization in the amount of your first payment to confirm your payment method. In some cases, the order may not be finalized by the retailer even after agreeing to your Pay in 4 Plan. ...
No down payment is required. Monthly payments will start 90 days after the date of your purchase.
No, the Virtual Card is a one-time use card and can only be used for a single purchase. To make another purchase using PayBright, you can generate another card by clicking on the link in the text message you receive from PayBright and following a few short steps.
PayBright will process your request within 30 business days.
Unfortunately, we can't change when your payments are due. ... Tip: You can always make extra payments or pay your balance in full at any time with no penalties!
Your payments will be set up as convenient pre-authorized debits from your chequing account. In some cases, you can also set up automatic payments from your Visa or Mastercard debit or credit card. This means you don't have to worry about setting reminders and being charged sneaky late fees!
You may request to terminate the Agreement and close your account at any time by contacting PayBright at info@paybright.com. PayBright will process your request within 30 business days. If you owe any payments, PayBright will not close your account until that obligation has been resolved.
Refunds or cancellations issued by a retailer may take up to 28 days to reflect on your PayBright account.
You can update your credit card details by logging into your PayBright account and navigating to the contract that you want to update.
You must be the age of majority of the province or territory you reside in, and must have a valid history of credit in Canada.
The payment plan over a 36-month period is only available for mobile phone purchases of $1 400 and up. The monthly payments to PayBright will start 30 days following the date the phone was delivered on. The estimated monthly payment amount shown to you before you finalize your transaction excludes taxes.