Buy now pay later electronics no down payment is something many of us look for these days. High-end electronics, such as smartphones, smart TVs, laptops, computers, and cameras can be very expensive and more than many can afford to pay for in a single payment. Chopping the price into smaller multiple installments can be of great help to those individuals and help them get their hands-on the piece of electronics they really want or need.
Herein you will learn what buy now pay later electronics no down payment is all about. We will go into detail of where to utilize buy now pay later electronics no credit check payment method. We have even performed extensive research to find 5 best electronic companies, 5 best electronic stores, and 5 best payment companies that offer buy now pay later electronics no down payment to their customers.
Thus, you will be able to choose one of these stores or companies and get your hands on a piece of your favorite electronics that you’ve been longing for with the help of buy now pay later electronics no down payment method.
What is Buy Now Pay Later Payment System
Before we move on any further, it is important that you know what buy now pay later payment even is.
The name of this payment option, “Buy Now Pay Later”, is rather self-explanatory. It means that a customer is given the option of spreading the full amount of the product over several weeks, months, or even years.
There are many variations of Buy Now Pay Later Payment systems or options and they vary in length, interest fees, down payment sums, number of installments, frequency of installments, if they do or don’t require credit check, and more.
Things to Know Before Getting Buy Now Pay Later Financing
As the title suggests, we will focus on the buy now pay later electronics no down payment options. This means that you, as a customer, will not be required to pay any upfront fees or sums. This sort of payment option gives everyone a chance to purchase high-quality electronics.
Before opting in on a buy now pay later financing plan, make sure you know all the details. The questions you should be asking:
- Is there any down payment fee?
- How much will I be paying? What will the amount of each installment be?
- Are there any hidden fees?
- Do I have to pay an insurance fee?
- Will you check my credit score? Will this affect my credit score? Herein we present you with buy now pay later electronics no credit check.
- How many installments will there be?
- Will installments be weekly or monthly?
Electronics Companies & Store That Provide Without Down Payment Buy Now Pay Later Service
There are two options, where you can buy electronics – you can go straight to the manufacturer’s store, which means you are buying directly from the electronics company (Apple, Samsung, LG, etc.) or you may go to the electronics store (Best Buy, Amazon, eBay, etc.), which are a more common option as they are available in almost any area. However, going online you have equal options.
So, let answer the question ‘Do electronic companies provide no down payment option?’ YES, but not many.
Below are 3 sections presenting 4 electronics companies, 5 electronics stores, and 6 payment companies that provide you with no down payment service.
4 Best Electronic Companies That Offer Buy Now Pay Later Service Without Down Payment
Herein we will take a closer look at the no down payment options available at some of the best electronics companies. We were able to find 4 companies, including Apple, Samsung, Sony, and Dell, that offer some sort of no down payment options for certain products. Overall, Samsung is the best when it comes to these options, as it offers this option to a very broad number of their products.
1. APPLE
Apple offers “Installment Loan” for iPhones, which is a sort of no down payment financing option. You will, however, have to pay the first installment at the moment of purchase. Apple provides customers with an option of a 24-month 0% APR payment option on eligible devices. It does require a credit check. For more details, visit
Apple also offers Apple Card and Barclay Financing Visa for all electronic devices, which does come with an interest fee. Also runs some special financing time-limited deals from time to time. For more details, visit “www.apple.com/shop/browse/financing”.
For all detail regarding Apple Financing, visit “www.apple.com/financing/”.
- Requirements Documents Needed for No Down Payment Application (Apple “Installment Loan”)
- A valid and eligible U.S.-issued credit or debit card
- Credit check required
- Must be 18 years or older.
- Minimum financed amount may apply
- Minimum price requirements apply
- The Duration of This Type of Loan : 24 months
- Interest Rates Related to No Down Payment Financing : Installment loan comes with 0 % rates.
- Loan application process : If buying online, you will find these payment options next to the eligible iPhone model. If buying at a local Apple store, ask about their buy now pay later electronics no down payment and buy now pay later electronics no credit check option and they will help you apply. To enroll in iPhone Payments you will need a valid and eligible U.S.-issued personal, small business, or corporate/commercial credit or debit card. You will be charged the first installment at the moment of purchase. All subsequent installment payments will be charged automatically.
- Where Is This Payment Option Available : Installment Loan is available throughout the USA. For questions about your Installment Loan or your application, please contact Citizens One at 1-888-201-6306.
For more details, visit “www.apple.com/legal/sales-support/iphoneinstallments_us/”.
2. SAMSUNG
Samsung offers ‘Samsung Financing’, which enables you to buy TVs, phones, appliances and more with Samsung Financing.
- Requirements Documents Needed for No Down Payment Application
- On order over $49
- You must qualify. Visit “www.samsung.com/us/financing/” and click the “APPLY NOW” button.
- The Duration of This Type of Loan : Up to 36 months.
- Interest Rates Related to No Down Payment Financing : 0% interest rates and $0 down payment.
- Loan application process : They offer a very simple and fast online application process (visit https://www.samsung.com/us/financing/ and click the “APPLY NOW” button). If you prefer to do it in person, visit a local Samsung store.
- Where Is This Payment Option Available : This option is available throughout the USA.
3. SONY
Sony offer “Zero Percent Financing” on their professional products.
- Requirements Documents Needed for No Down Payment Application : For more details, visit “https://pro.sony/ue_US/products/broadcast-zero-percent-financing”.
- The Duration of This Type of Loan : Up to 24 months.
- Interest Rates Related to No Down Payment Financing : 0% interest.
- Loan application process : Visit https://pro.sony/ue_US/products/broadcast-zero-percent-financing, scroll down and click the “Contact us” button.
- Where Is This Payment Option Available : To find where this sort of financing is available, visit “https://pro.sony/ue_US/where-to-buy/products/”.
4. DELL
Dell offers financing to preferred accounts via their “DELL PREFERRED ACCOUNT” programs.
- Requirements Documents Needed for No Down Payment Application
- Minimum monthly payments are $20 or 3% of your New Balance is shown on your billing statement, whichever is greater
- The Duration of This Type of Loan : Case dependent. Visit “www.dell.com/en-us/lp/dell-financing-details” for details.
- Interest Rates Related to No Down Payment Financing : No interest if paid in full within 6 months or 12 months. This applies to specific deals ( www.dell.com/en-us/lp/dell-financing-details#Special-Offers ).
- Loan application process : Applying online is the easiest and fastest way. Visit “www.dell.com/financing/comm/dpamarcom/CreditApp” and fill in all the details. If you prefer to apply in person, visit a local Dell representative.
- Where Is This Payment Option Available : Throughout the USA.
5 Best Electronic Stores That Offer Buy Now Pay Later Service Without Down Payment
In the previous section, we were able to see that there are not many electronics companies (manufacturers) offering buy now pay later electronics no down payment options.
It is not much different when it comes to electronic stores. We did our best to find some useful information regarding the buy now pay later electronics no credit check option for some of the most popular electronic store (see below).
However, only two actually offer some sort of no down payment options. It turns out that you will have the best options of getting a buy now pay later electronics no down payment deal with financing companies (more on that in the next section).
1. AMAZON
Amazon offers ‘Amazon Store Card’ on a variety of products including electronics. They offer 6-month, 12-month, and 24-month options.
- Requirements Documents Needed for No Down Payment Application
- You must be a U.S. resident
- You must be a z least 18 years of age
- The Duration of This Type of Loan : To be eligible for 0% interest it is up to 24 months.
- Interest Rates Related to No Down Payment Financing : Pay no interest on Amazon.com purchase, if the entire the purchase amount is paid in full within 6, 12, or 24 months.
- Loan application process : Visit “www.amazon.com/Financing-Offers/b?ie=UTF8&node=9541758011” and click on the “Apply Now” button.
- Where Is This Payment Option Available : This offer is available throughout the USA.
2. BEST BUY
In order to get a sort of buy now pay later electronics no down payment option at Best Buy, you will have to use their ‘My Best Buy Credit Card’ payment method.
- Requirements Documents Needed for No Down Payment Application
- US citizens; to view if you qualify, visit “www.bestbuy.com/site/financing-rewards/financing-options/pcmcat225000050029.com”.
- The Duration of This Type of Loan : For 0%, it must be paid in full in 6 or 12 months (see below)
- Interest Rates Related to No Down Payment Financing : 0% interest rates if paid in full within 6 months ($199+ items) or 12 months ($399+ items).
- Loan application process : Visit www.bestbuy.com/site/financing-rewards/financing-options/pcmcat225000050029.c and click the “Apply Now” button. Or visit a local Best Buy store and get your ‘My Best Buy Credit Card’.
- Where Is This Payment Option Available : This offer is available throughout the USA.
3. LUTHER SALES
Alongside many other items, you can also purchase electronics at Luther Sales. They offer their ‘Buy Now Pay Later Electronics Plans’.
- Requirements Documents Needed for No Down Payment Application
- Employment-based requirements
- The Duration of This Type of Loan : Up to 36-months.
- Interest Rates Related to No Down Payment Financing : It depends on the product.
- Loan application process : Visit “https://luthersales.com/cp-buy-now-pay-later-electronics.html” and click on the “3-MiNUTE APPLY” button.
- Where Is This Payment Option Available : USA
4. STONEBERRY
Stoneberry Credit offers a simple electronics payment plan that allows you to make monthly payments on your favorite name-brand electronics, even if you have no or bad credit. Visit “www.stoneberry.com/electronics/_/N-1abi8pp” for more details.
5. Zebit
Zebit lets you shop millions of products and pay over time. No interest, No membership fees, NO FICO score needed! You can join for free by visiting “https://zebit.com/” and clicking on the “JOIN NOW FOR FREE” button.
6. eBay
eBay doesn’t offer any buy now pay later electronics no down payment options directly, they do, however, offer customers can use the “Bill Me Later” option offered by PayPal.
7. Kmart
Kmart doesn’t offer a typical buy now pay later electronics no down payment option either. It does, however, offer a leasing option. That way you can lease a piece of electronics and use it for a monthly fee. For more details, visit : “www.kmart.com/en_us/dap/leasing.html/”.
6 Best Financing Companies That Offer No Down Payment Financing
Luckily, many electronic companies and electronic stores offer you to pay via financing companies that do offer buy now pay later electronics no down payment options.
1. ELECTRO FINANCE
- Requirements Documents Needed for No Down Payment Application
- A Valid Photo ID
- An electronic payment method
- Valid email address and phone number
- A valid Social Security Number (SSN) or Taxpayer ID Number (ITIN)
- Be 18 years or older
- The Duration of This Type of Loan : It depends on the product.
- Interest Rates Related to No Down Payment Financing : It depends on the product.
- Loan application process : Apply online. Visit “www.electrofinance.com/checkout/application” and fill in the details.
- Where Is This Payment Option Available : Nationwide service.
2. Affirm
Affirm is a very popular online financing option. It is offered by many stores online (visit www.affirm.com to see the stores that offer Affirm option) and it is simple to use. Stores that have partnered with Affirm usually have an ‘Affirm’ option to select at the checkout process.
Fees, interests and all other detail depend on individual deals with individual stores. There can be rather high interest involved.
You can create your account at “www.affirm.com/user/signin”.
Note: Your credit score will not be affected when you check your eligibility, even though they perform a credit check. If you decide to buy with Affirm, your loan and payments may affect your credit score. Paying on time can help you build a positive credit history.
3. Simply Mac
Simply Mac has partnered with Affirm. For all the details see the information above ‘Affirm’.
4. GainSaver
GainSaver also uses Affirm payment options to provide you with buy now pay later electronics no credit check option. For all the details see the information above ‘Affirm’
5. PayPal Credit
Many online stores will offer you to purchase electronics using the PayPal payment method. If this option is available, you can choose to take advantage of PayPal credit.
- Requirements Documents Needed for No Down Payment Application
- $99+ items
- The Duration of This Type of Loan : To get 0% interest offer you must return in full within 6 months.
- Interest Rates Related to No Down Payment Financing : No interest for valid existing accounts and if paid in full within 6 months.
- For New Accounts: Variable Purchase APR is 25.99%. The APR is accurate as of 09/01/2019 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). A minimum interest charge is $2.00.
- Loan application process : You can apply during the checkout process when purchasing via PayPal or visit PayPal Official Website “https://www.paypal.com/ppcreditapply/da/us/lander” and click the “Apply Now” button.
- Where Is This Payment Option Available : Nationwide. Additional rules apply (visit www.paypal.com/ppcreditapply/da/us/lander).
6. Klarna
Klarna is available throughout the USA and offers you to pay in 4 installments with no additional fee and no interest at eligible electronic stores. Visit Klarna Official Website “https://www.klarna.com/us/klarna-stores/” to see which stores are acceptable.