The ability to buy an item now — whether a large purchase or smaller item — and pay for it over six months is valuable for a variety of reasons. Whether your refrigerator broke and you don’t have enough saved to buy a new one right away or you’re short on being able to purchase a gift that you’ve had your eye on for a loved one, the shopping program through Zebit can help members get what they need when they need it.
Zebit is on a mission to put financial control back into the hands of hardworking Americans. Zebit believes everyone deserves access to affordable credit. It provides MTA members with up to $2,500 in interest-free credit to shop for millions of name-brand products that can be repaid over time without interest, fees or credit checks. Zebit has a two-step underwriting process that verifies your identity, income and/or employment to allocate an initial spending limit as conditional credit for you to shop. Then Zebit underwrites every purchase attempt at checkout. Most approved customers receive $1,000 to $2,500 for an initial spending limit.
Zebit has many categories to choose from, including electronics, kitchen appliances, furniture, home goods and jewelry. Shop for some of your favorite brands — such as Apple, Samsung, Nintendo, Whirlpool and KitchenAid — and repay over time. Like most retailers, Zebit sources goods at wholesale prices and then sells them at competitive retail rates. Zebit is committed to keeping its prices competitive and offering 0 percent APR to every member.
What’s the catch? There isn’t one. Zebit is unlike other financing methods that charge penalties and fees or increase interest rates over time. Zebit does not believe in financing "gotchas" or bait-and-switch tactics. When Zebit says no interest and no fees, it means it.
What about a credit score? Zebit does not perform a credit check when you register. Consistent on-time repayment history and positive account status may reflect positively on your credit report and may help raise your credit score.
Shopping from the Zebit Marketplace is quick and easy. Because it includes more than 90,000 products, you’re sure to find what you’re looking for. Within minutes you can complete the application, get approved and shop for your favorite brands and everyday essentials. All you need to do is make a down payment at checkout and pay off the remainder over six months.
