OCT. 2, 2019

Giving You More Payment Flexibility

MARISSA STEINMETZ, SENIOR PRODUCT MANAGER

Each day we’re proud to help thousands of people realize their personal style. Today, we’re excited to make Moda’s fashion offering more accessible and manageable through our Shop Now, Pay Over Time feature, powered by Affirm.  Previously, our in-season fashion assortment was shoppable with full-price payments only. We realized the price point for these pieces can be a barrier to some, so starting today we’re giving people the option to buy in-season items now and split their payments over 3, 6, or 12 months. 

Simply choose Affirm at checkout on Moda Operandi.com (app coming soon!) and enter five pieces of information to see if they qualify. A credit decision is made within seconds—and it won’t affect your credit score. If you’re qualified, you can select a repayment plan that best fits your needs with options including a 0% APR loan over three or six months, or a 12-month interest-bearing loan with rates from 10-30% APR.  

Monthly payments are shown in real dollars instead of hard-to-calculate percentages so you can always know exactly what you owe with no hidden or late fees. Split payments are available to U.S. based Moda customers for Boutique items shipping within the U.S. on purchases ranging from $50-$17,500. The first payment is due 30 days after checkout and you’ll have the option to set up automatic payments after the purchase is completed. This feature is available now on all in-season product, and will be coming soon to our Trunkshow products. 

You’ll begin to see more flexible payment options at check-out in coming months as we aim to ensure payments are never are a barrier in your style journey.