Stretch Loft Academy Payment Plan Options
At Stretch Loft Academy, we understand that investing in your education is a significant decision. To make it more accessible, we offer flexible payment plan options for our online and in-person Certificate trainings. Choose the plan that best suits your needs and budget:
1. Afterpay through Square
- How It Works: Split your total cost into four interest-free payments. Pay 25% upfront and the remaining balance in three equal installments, due every two weeks.
- Benefits: No interest or fees when payments are made on time.
Afterpay, a financial technology company that offers “buy now, pay later” (BNPL) services, may perform a soft credit check when a customer opens an account or makes a purchase. Soft credit checks don’t affect a customer’s credit score. Afterpay may also conduct a hard credit check if a customer chooses the pay monthly option at checkout with a participating merchant. Afterpay doesn’t disclose a minimum credit score requirement, and people with fair or bad credit may be eligible to use the service. Afterpay also doesn’t consider repayment history or review credit reports.
Afterpay doesn’t report late or missed payments to credit bureaus, so it can be an attractive option for people with troubled credit or who don’t have enough credit history for other lenders. Instead, if an Afterpay shopper misses a payment, their account is paused and they can’t make any more purchases until they’re up to date.
Other requirements to be eligible for Afterpay include:
- Being at least 18 years old
- Being a resident of the United States
- Being able to enter into a legally binding contract
- Having a valid email address and mobile phone number
2. Klarna
- How It Works: Pay in four interest-free installments every two weeks or choose a flexible financing option to pay over a longer period. Klarna offers a variety of plans to suit your budget.
- Benefits: Convenient and flexible payment terms with no hidden fees.Klarna does not always perform a credit check when you use their services, but they do for certain payment options:
Soft credit check
Klarna performs a soft credit check when you apply for their “Buy Now Pay Later” options, such as “Pay in 4” or “Pay in 30 days”. This type of check won’t affect your credit score.
Hard credit check
Klarna performs a hard credit check when you apply for financing options, such as monthly financing or longer-term loans of up to 36 months. This type of check may affect your credit score
3. In-House Payment Plan
- How It Works: This option requires a 20% down payment of the total course cost. The remaining balance can be paid over time with a 17.99% interest rate. No credit check is required.
- There is a $79 set up fee.
- Important Note: At least $1,000 must be paid before gaining access to the online course. Full payment is required for immediate access.
Ready to take the next step?
Secure your spot and choose the payment plan that works for you. With our flexible options, you can focus on your training and career development without the financial stress.
