Installment Payments using Shop Pay

Prestige Auto Lab offers an installment-based payment plan called Shop Pay. Shop Pay is a payment service offered by Shopify in partnership with Affirm. Please find additional information about this payment option below.

What is the option to pay in installments on Shop Pay?

When checking out with Shop Pay, you now have the option to pay now or later. Paying in installments on Shop Pay allows you to split your purchase amount into installments (see "Payment Plans" section for additional info on installment plans). Checking eligibility has no impact to credit. In some instances, your first payment is due when you make your purchase; otherwise, your first payment is due 2 weeks after your purchase. In cases where products are backordered, your loan payment(s) may be due before you receive the product. We will contact you as soon as possible if you place an order and any products on the order are found to be on backorder.

Which payment methods are accepted if I use the option to pay in installments on Shop Pay?

The installments option on Shop Pay is available on debit and credit cards.

Payment Plans

Purchases between $50 USD to $17,500 USD are eligible for Shop Pay Installments, with options to:
Pay in 4 for purchases $50 to $999
  • Interest-free payments every 2 weeks
  • No impact to your credit score
Pay monthly for purchases $150 to $17,500
  • 3, 6, or 12-month terms
  • Rates from 0-36% APR
  • No impact to your credit score to apply
For example, a $800 purchase could be split into 12 monthly payments of $72.21 at 15% APR, or 4 interest-free payments of $200 every 2 weeks.

Eligibility requirements and credit score

You must be over the age of 18, reside in the US, and be paying in USD to use Shop Pay Installments.

Your credit scores aren't impacted if your purchase is split into 4 bi-weekly payments using Shop Pay Installments. If your purchase is split into monthly payments, then your payments may be reported to a credit bureau.

Note: To use Shop Pay Installments you need a US shipping address.

Fees or penalties

For purchases split into 4 bi-weekly payments, there are no additional charges or interest rates applied. Purchases split into monthly payments may be subject to interest.

You can pay your balance off early without penalty.

There are no late fees. However, partial or late payments may affect your ability to use Shop Pay Installments in the future.

What if I make a return on a purchase made through installments with Shop Pay?

If we process a refund, the refunded amount will be returned to your original payment method within 3-10 business days, and your balance will be updated.If your refund is less than your total purchase balance, it might not lower your next payment. Instead, you can expect fewer payments, a smaller final payment, or both.If your refund is more than your purchase balance, the difference will be returned to your original payment method within 3-10 business days.

Terms of Service

Learn more about Affirm’s terms of service or Shop’s terms of service.

Disclosure

Rates from 0-36% APR. Payment options through Shop Pay Installments are subject to an eligibility check and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. State notices to consumers: affirm.com/licenses.

Affirm is the originator and servicer of Shop Pay installments, but payments are managed in your Shop Pay account.