Zilch

Zilch is a deferred and installment payment method available in the United States of America. It allows consumers to make online purchases and pay for them in installments, with no interest charges. Zilch offers an alternative to traditional credit cards, providing users with greater flexibility in their purchases.

Here’s how Zilch works:

– Registration: Users need to sign up for Zilch and provide basic personal information, such as their name, address, and phone number. A credit check may be performed to assess the user’s eligibility.
– Approval: Once registration is complete, Zilch conducts a quick evaluation to determine if the user is eligible for the payment method. If approved, the user can start making purchases.
– Online Shopping: Users can choose Zilch as the payment method when making online purchases. The Zilch option typically appears at checkout, alongside other payment methods.
– Installment Payments: Instead of paying the full amount of the purchase immediately, Zilch allows users to split the payment into multiple equal installments. These installments are automatically deducted from the user’s provided payment card each month until the balance is paid off.
– Fees and Refunds: Zilch does not charge any interest fees on deferred payments, but fees may be applied for late payments. Users can track their purchases and payment details through the Zilch app.