TILA Representative Example

Zip Checkout and Anywhere Pay in 4:

For a $400 purchase, you'd make four $102 payments every two weeks starting today for a 34.75% annual percentage rate and a total of payments of $408. An $8 origination fee is charged at commencement and prepaid as a finance charge when you make your initial payment today. The actual origination fees vary and can range from $4.00 to $62.00 depending on the purchase price. The actual amount of the fee for your purchase will be reflected at checkout. Estimation of origination payment and annual percentage rate excludes potential tax and shipping costs. Financing through Zip issued by WebBank. All loans subject to credit approval.

Zip Anywhere Pay in 8:

The Zip anywhere pay in 8 is missing the disclosure: For a $400 purchase, you’d make eight $52.37 payments every two weeks starting today for a 34.99% annual percentage rate and a total of payments of $418.97. An $18.97 origination fee is charged at commencement and prepaid as a finance charge when you make your initial payment today. The actual origination fees vary and can range from $9.48 to $124 [30-35% APR], depending on the purchase price. The actual amount of the fee for your purchase will be reflected at checkout. Estimation of origination payment and annual percentage rate excludes potential tax and shipping costs.

A fee may apply for payment date changes. Eligibility criteria apply. See payment terms: Zip Loan Terms of Service | Zip, previously Quadpay. Loans to California residents, other than loans through the Zip Pay Anywhere and Zip Web Checkout are made or arranged pursuant to a California Lenders Law license.

Loans through Zip Pay Anywhere and Zip Web Checkout (including any "powered by Zip" loans) are originated by WebBank. All loans subject to approval. Zip Co US Inc. ID 1963958 NMLS Consumer Access