Splitit does not charge any additional interest or fees; even if you pay late. However, there may be charges from your credit card provider, so you should always check.
Note: your credit card Terms and Conditions always apply. Make sure you understand this information and the fees associated with using your credit card.
If an authorization, re-authorization, or monthly installment payment is declined we will email you to update you on the status of your plan. Maintaining a valid credit card is a required part of paying in installments.
Splitit offers a 7-day grace period to resolve any issues with your credit card that are preventing a transaction from being successful. We recommend you partner your card provider to investigate the issue or simply update your payment card to a different one. During this time, we will continue to try the declined transaction.
After 7 days, if the transaction is still declined, we reserve the right to charge your card with up to the full outstanding amount using the last successful authorization. This will mean that your plan will be cleared early and you will have lost to the ability to pay in installments.