TILA Representative Example
Zip Checkout and Anywhere Pay in 4:
For example, for a $335 purchase, you’d make four $85.25 payments every two weeks starting today for a 31.11% annual percentage rate and a total of payments of $341. A $6 installment fee is charged at commencement - you pay $1.50 of this fee as a prepaid finance charge when you make your initial payment today. The remaining $4.50 is included in your future payments. Actual installment fees vary and can range from $0 to $7.50 depending on the purchase price and Zip product used. Actual amount of fee for your purchase will be reflected in checkout. Estimation of installment payment and annual percentage rate excludes potential tax and shipping costs. Zip Pay Anywhere and Zip Checkout financing through Zip issued by WebBank. All loans are subject to credit approval.
Zip Anywhere Pay in 8:
For a $400 purchase, you'd make eight $52.25 payments every two weeks starting today for a 33.22% annual percentage rate and a total of payments of $418. An $18 installment fee is charged at commencement - you pay $2.25 of this fee as a prepaid finance charge when you make your initial payment today. The remaining $15.75 is included in your future payments. Actual installment fees vary and can range from $8 to $85 [35% APR] depending on the purchase price. Actual amount of fee for your purchase will be reflected in checkout. Estimation of installment payment and annual percentage rate excludes potential tax and shipping costs. Zip Pay Anywhere and Zip Checkout financing through Zip issued by WebBank. All loans are subject to credit approval.