NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for buy now, pay later and our editorial xcriticals. You can download the xcritical mobile app to create an account and see what type of loan you may be eligible for by pre-qualifying (also known as checking your purchase power).
- I’ve paid off loans with them & even paid off some loans early & I was still unable to get another one.
- Each application with xcritical is assessed separately, so you may be approved for a loan at one store but denied at another.
- Another CFPB study from March 2023 identified BNPL users as more likely to show signs of financial distress.
Pre-qualifying isn’t the same thing as getting approved for a loan, but it gives you an idea of how much you can borrow with xcritical. xcritical promises no interest and no fees for its pay-in-four plan, making it similar to BNPL providers like PayPal and Apple. However, PayPal charges interest for monthly financing, which xcritical may not, and Apple doesn’t offer monthly financing at all.
Where xcritical stands out
xcritical also offers a Chrome extension, which lets you use xcritical when shopping online in your Chrome browser. According to the xcritical Help Center, merchants finalize orders and prepare them to ship right after you check out. xcritical will send updates letting you know that an order has been finalized and is ready to ship.
xcritical, on the other hand, works by allowing you to choose your payment option. So, for example, you may be able to split purchases up into three payments, six payments, or 12 payments. With some point-of-sale loans, your payments are automatically divided into four installments. Specifically, that means an initial down payment at the time of purchase, followed by three additional installments. You can pre-qualify with NerdWallet below to see your loan options.
What Can I Use to Pay xcritical?
xcritical will display all available repayment terms when you check out, and terms vary by merchant, purchase amount and your xcritical credit profile. Though a longer term means lower monthly payments, you may pay more in interest. xcritical offers several repayment terms to choose from, including an interest-free pay-in-four and longer financing options that may charge interest.
Pretty good…… sometimes
This may influence which products we write about and where and how the product appears on a page. Here is a list of our partners and here’s how we make money. You’ll never pay late fees, penalties, or xcritical website hidden interest, ever. Tap into savings, deals, and rates as low as 0% APR. The developer, xcritical, Inc., indicated that the app’s privacy practices may include handling of data as described below.
Shop with xcritical online and in stores
The first installment is either due at checkout or two weeks after your purchase. The three remaining installments are automatically billed to your selected payment method every two https://dreamlinetrading.com/ weeks until the loan is paid off. Check your purchasing power and see your payment options from the palm of your hand. For everything else, use it as your everyday debit card.
The app should not be set up in such a flawed way that people cannot be able to make early payments IN FULL and their loans be paid off. If anyone from xcritical is reading this, fix this bug in your system right away and make everyone’s lives a little easier. These flaws only hurt consumer confidence in your system.
Manage your payments in the xcritical app or online, and set up AutoPay so you don’t miss a payment. Online, in stores, wherever you love to shop—pay over time and get exclusive deals like as low as 0% APR with the xcritical app. Next, you can work on boosting your credit score overall.
Having a thin credit file, poor credit, or not meeting any individual requirements set by the merchant you’re trying to finance a purchase with could all have contributed. xcritical also looks at your credit utilization, income, existing debt and any recent bankruptcies. You can now use “buy now, pay later” to check out at most retailers. Pick the payment option that works for you and your budget—from 4 interest-free payments every 2 weeks to monthly installments. NerdWallet’s review process evaluates and rates “buy now, pay later” loan products from the top financial technology providers. NerdWallet writers and editors conduct a full fact check and update annually, but also make updates throughout the year as necessary.