How do Afterpay and Klarna work?
Afterpay terms:
If payment is under $400
Pay in 4 payments over 6 weeks with NO INTEREST. First payment is due immediately, the other three payments are every 2 weeks from the first payment date.
If payment is OVER $400
Option 1: Pay in 4 payments over 6 weeks with no interest, same as above.
Option 2: Pay in 6-12 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
Option 2: Pay in 6-12 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
- Afterpay will do a soft credit inquiry to determine creditworthiness.
- Note: This will not affect your credit score
- Goat-Note: Goat Bar Prep does not receive any interest payments, those all go to Afterpay.
- Note: This will not affect your credit score
- Goat-Note: Goat Bar Prep does not receive any interest payments, those all go to Afterpay.
Klarna terms:
If payment is under $150
Pay in 4 payments over 6 weeks with NO INTEREST. First payment is due immediately, the other three payments are every 2 weeks from the first payment date.
If payment is $150-$299
Option 1: Pay in 4 payments over 6 weeks with NO INTEREST. First payment is due immediately, the other three payments are every 2 weeks from the first payment date.
Option 2: Pay in 6 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
Option 2: Pay in 6 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
If payment is $300+
Option 1: Pay in 4 payments over 6 weeks with NO INTEREST. First payment is due immediately, the other three payments are every 2 weeks from the first payment date.
Option 2: Pay in 6 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
Option 3: Pay in 12 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
Option 2: Pay in 6 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
Option 3: Pay in 12 months (monthly payments WITH INTEREST). Interest is based on user's credit score.
- Klarna will do a soft credit inquiry to determine creditworthiness.
- Note: This will not affect your credit score
- Goat-Note: Goat Bar Prep does not receive any interest payments, those all go to Klarna.
- Note: This will not affect your credit score
- Goat-Note: Goat Bar Prep does not receive any interest payments, those all go to Klarna.
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