Pre-purchase paid later at Movi is short-funded allowing to make purchases and pay on a future date without interest.
Pre-purchase paid later, also known as installment loans at point of sale, prepaying later is becoming an increasingly popular form of payment, especially when shopping for high-value goods.
Programs Pre-purchase paid later are not exactly the same, since each company has its own terms and conditions.
But in general, point-of-sale installment loans work in the following ways:
While both are related to late payments, you have a fixed repayment schedule – usually weeks or months. You are informed in advance what you need to pay each time and usually the same amount. It is comparable to any other type of consumer or uns warranted individual.
Not all transactions may be eligible for post-paid pre-purchase. And there may be limits on how much money you can fund in this way.
But up-to-back purchases can be an attractive way to pay for smaller purchases when shopping, especially for you during the COVID-19 pandemic along with the rise of e-commerce in general.
1. Register to become a member of MOVI through the channels below:
2. Place an order within the allowed Movi limit and select a payment term
3. Order Confirmation
4. Receive goods at Movi center or at home
(*) The purchase process applies to Customers working at Movi's partnership with Movi to implement the Movi Benefits Program (formerly the iCare Benefits Program)
The idea behind Pre-purchase paid later is that consumers can get what they need right away - while at the same time having a little more time to pay for them.
Buying a Pre-purchase paid later at Movi seems tempting if you can't or don't want to pay your bills for something at once: It increases your credibility - a 0% interest fee but has a repayment schedule so you don't fall into debt piling up. But consider whether payments are feasible and what penalties you could face if you can't afford them.
Finally, consider the benefits of point-of-sale installment loans versus the benefits of using products Pre-purchase paid later, quick cash advance, online advance at Movi.