Financing Option
You may be a great candidate for our financing option if:
1. You can’t afford to pay cash for purchases over $1,000
2. You don’t have the available credit on your credit card
3. You want to avoid tying up your credit cards
4. You can’t attain financing from a traditional bank or lender
5. You want an affordable monthly payment plan of $50 to $300
1. You can’t afford to pay cash for purchases over $1,000
2. You don’t have the available credit on your credit card
3. You want to avoid tying up your credit cards
4. You can’t attain financing from a traditional bank or lender
5. You want an affordable monthly payment plan of $50 to $300
Financing Overview
• Amount Financed: $1,000-$30,000
• Terms: Up to 120 months
• Same As Cash Options: Up to 24 Months*
• APR: 8.9% - 29.9% Fixed
• Minimum Credit Score: 550
• Quick Approvals: Decision within minutes for well-qualified borrowers
• No Additional Fees: No co-signer or guarantor fees, No prepayment penalties, no balloon payments
* Same As Cash Options: If the financed amount is paid in full within 24 months, no finance charge will be assessed. Monthly on-time payments are required. Subject to eligibility. Merchant participation is required.
NOTE: These terms, conditions and prices are subject to change without notice.
• Terms: Up to 120 months
• Same As Cash Options: Up to 24 Months*
• APR: 8.9% - 29.9% Fixed
• Minimum Credit Score: 550
• Quick Approvals: Decision within minutes for well-qualified borrowers
• No Additional Fees: No co-signer or guarantor fees, No prepayment penalties, no balloon payments
* Same As Cash Options: If the financed amount is paid in full within 24 months, no finance charge will be assessed. Monthly on-time payments are required. Subject to eligibility. Merchant participation is required.
NOTE: These terms, conditions and prices are subject to change without notice.
Approval Criteria
1. 550 plus credit score
2. 1 year on the job or in the same industry
3. Minimum $1,800 gross monthly income
4. 2 year credit history with no judgments, liens or open collection accounts (medical accounts excluded)
5. No bankruptcy in the last 2 years
2. 1 year on the job or in the same industry
3. Minimum $1,800 gross monthly income
4. 2 year credit history with no judgments, liens or open collection accounts (medical accounts excluded)
5. No bankruptcy in the last 2 years
Process
Apply
ErgoQuest can apply on your behalf or you can apply directly online
Decision
Most applicants will receive instant decisions within minutes, but some may require a manual review and that process can take up to one business day
Preapproval
Once you are preapproved, you will sign the financing agreement and the required supporting documents will be sent for verification
Approval
When all required documents have been submitted and verified, ErgoQuest is given the green light to deliver the product
Repayment
You will begin repaying your financed amount 30 days from the delivery of the product
ErgoQuest can apply on your behalf or you can apply directly online
Decision
Most applicants will receive instant decisions within minutes, but some may require a manual review and that process can take up to one business day
Preapproval
Once you are preapproved, you will sign the financing agreement and the required supporting documents will be sent for verification
Approval
When all required documents have been submitted and verified, ErgoQuest is given the green light to deliver the product
Repayment
You will begin repaying your financed amount 30 days from the delivery of the product
Prime Borrowers1. APR Prime is 8.9% - 12.9%
2. Term is 12 to 120 months 3. Borrowing limit is $30,000 |
Near-Prime Borrowers1. APR is 14.9% - 19.9%
2. Term is 12 to 120 months 3. Borrowing limit is $30,000 |
Sub-Prime Borrowers1. APR: 17.9% - 29.9% fixed
2. Borrowing limit is $15,000 3. 12 month Same-as-Cash options available at an additional cost 4. Term is 12-48 months |