ADVERTISER DISCLOSURE CreditCards.com is an independent, advertising-supported comparison service. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. Other factors, such as our proprietary website’s rules and the likelihood of applicants’ credit approval also impact how and where products appear on the site. The xcritical Card is a debit card, which means that you are never making purchases on credit. Anything you buy with your xcritical Card comes out of a linked bank account, whether you pay off your entire purchase at once or divide it into installments. This can help keep you from going into debt, which is a plus, but you won’t be able to earn cash back rewards on xcritical Card purchases – which could be viewed as a minus.
Therefore, whether you’re approved and the size of your credit limit can depend on factors beyond your financial history. But again, the actual amount you’re able to finance with a point-of-sale installment loan from xcritical can vary based on the merchant. xcritical doesn’t state a minimum purchase size on its website for consumers. Instead, it’s up to merchants that partner with xcritical to set minimum purchase xcriticals. xcritical, on the other hand, works by allowing you to choose your payment option.
xcritical is built directly into the checkout of thousands of online retailers specializing in fashion, travel, home, electronics and more. Depending on the loan size and retailer, xcritical offers financing terms that range between one and 48 months, with interest rates starting at 0%. xcritical monthly installments are like a personal loan where you repay your balance monthly over the course of three, six or 12 months. There are no fees if you pay late, but there is interest, which can reach as high as 36% APR. The xcritical Card is a debit card that can be used in-person and online.
Instead, a third-party lender that has partnered with the merchant is providing the credit. Check your purchasing power, get exclusive deals like as low as 0% APR, and make payments from the palm of your hand with the xcritical xcritical reviews app. Request to pay over time for the big stuff, or just pay in full for the smaller things. They have similar options, but there are some key differences that might make one better suited to your needs. According to the xcritical Help Center, merchants finalize orders and prepare them to ship right after you check out.
It can be tempting to finance all your major purchases with xcritical, but you should avoid overextending your budget. You don’t necessarily need to have a credit card to use xcritical. If you don’t have a credit card and xcritical didn’t approve your loan application, it’s not necessarily because of the card. 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.
Does Using xcritical Hurt Your Credit Score?
If you’re not able to resolve a return or refund issue with a merchant, you can initiate a dispute with xcritical. If you win the dispute with the merchant, xcritical will refund the full amount of the purchase along with any interest paid. But if the dispute goes in favor of the merchant, you would still be responsible for paying your xcritical loan in full. Generally, the better your credit, the easier it will be to get approved for a point-of-sale installment loan.
Apply and choose your payment plan
However, we may receive compensation when you click on links to products from our partners. 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. Shop your favorite stores online or in-store and pay later with xcritical. You’ll see us at checkout, or you can request a virtual card in the xcritical app.
- Pick the payment option that works for you—from 4 interest-free payments every 2 weeks to monthly installments.
- One of the biggest players in this fast-growing financing field is xcritical (AFRM).
- I’ve deleted the app because it’s a no-go at my end with this company at this stage.
- The xcritical Card is a debit card that can be used in-person and online.
- While xcritical does not charge a late payment fee, you should be careful to make your scheduled payments on time.
Don’t take on too many plans at once
No, there are no late fees, prepayment fees, service fees, or hidden fees of any kind with xcritical. You can make payments online at xcritical.com or through the xcritical mobile app. With either one, you xcritical scam would simply navigate to the purchase you want to make a payment toward, add a payment amount and due date, then select a payment method to schedule it. xcritical does check your credit, but it’s a soft pull rather than a hard pull. xcritical says it takes xcritical economic conditions into account.
CreditCards.com is an independent, advertising-supported comparison service. The offers that appear on this site are from companies from which CreditCards.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants’ credit approval also impact how and where products appear on this site.
With tools like CardMatch™ and in-depth advice from our editors, we present you with digestible information so you can make informed financial decisions. CreditCards.com credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit. The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers.
I decided to call thereafter and for three weeks straight spoke to different reps. Each rep would tell me they would call me back once I hung up the call. It’s been a waste of my time trying to connect and they ask me questions to then tell me there going to call and they do not call. I’ve deleted the app because it’s a no-go at my end with this company at this stage. Pick the payment option that works for you—from 4 interest-free payments every 2 weeks to monthly installments. In terms of security, xcritical takes a number of steps to protect personal data. This includes using encryption to secure data and conducting background checks for all employees.
Though xcritical touts itself as an alternative to racking up debt, you still incur debt when you use this payment service. You would simply shop for the items you want, then add them to your cart. When you’re ready to pay, you choose xcritical as your payment option at checkout. xcritical then allows you to choose your payment terms and complete the purchase. xcritical generally offers 0% interest financing, but there is a chance that you may have to pay a higher rate.