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.
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.
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! ...
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.
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.
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. ...
Because of how buy now pay later works it can quickly become expensive if you don't make your repayments on time. If you don't clear your debt before the delayed period is up, some providers will ask for a settlement fee or a lump sum of interest may be added to the debt.
Please contact the retailer directly to process a return or to request a refund. You can read more about our refund policy in our Terms & Conditions. If you return your entire purchase or receive a full refund, your PayBright Payment Plan will be canceled, so you won't need to make any future payments.
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.
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!
As soon as you miss a payment, we will immediately stop you from making any further purchases with Clearpay. ... To protect you, our late fees are capped and will never go higher than 25% of the price of the item you purchased.
Changes to Your Contact Information.
If your registered email address, registered address, or mobile number changes, you must notify us of the change by sending an email to info@paybright.com or calling 877.276. 2780. 6.6.
We do an instant, soft credit check with a bureau (such as Equifax or TransUnion) when you're paying in Equal Monthly Payments, using a PayBright Virtual Card, Prequalifying or when you Pay in 4 biweekly instalments.
In most cases, a 0 percent APR is a promotional interest rate that lets you borrow money at no cost for a fixed period, often between 12 and 18 months. During this time, you still need to make at least the minimum payment each billing cycle but you won't accrue any interest costs.
Affirm uses both a hard and soft credit pull depending on the plan you choose. The pre-approval process for both the “Pay in 4” and “Pay Monthly” plan requires only a soft credit pull. This will not affect your credit score.
PayBright will currently only accept applicants who are 18+.
You'll be shown the approved spending limit of your Virtual Card instantly after you apply.
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!
If you have already made payments, those will be refunded to you by PayBright to your original method of payment. ... You will then be required to maintain your PayBright biweekly payments until the amount is paid off. If you choose to pay off the full balance, please contact PayBright.
A refund can be processed in store as a Card-Not-Present transaction. Ask the customer for the expired card number and CVV which they can access through the links sent to them through text or email.
Yes: The refund will still process. You will have to contact the card issuer bank and request that any credit balance be mailed to you by check.
This limit is initially set relatively low (remember, Clearpay doesn't check your credit score, so it has no idea how responsible, or irresponsible, you are with your money) but it can be quickly built up by making payments in full and on time.
Using a credit card, store card or schemes like Laybuy, Clearpay or Klarna can damage your credit score if you miss a payment and fail to repay what you have borrowed. Missed payments or failure to pay back what you owe (known as defaulting) can be noted on your credit report and the mark can stay there for six years.
The checks that Clearpay make when assessing your eligibility, do not affect your credit file and will not show up as a 'hard' search.
There may be interest and/or processing fees, depending on the retail partner. The cost of our payment plans ranges between 0% and 29.95% APR (Annual Percentage Rate).