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Sears Expands Payment Methods to Support Installment Payments

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Sunday, October 31, 2010

Sears Expands Payment Methods to Support Installment Payments

Tags » Merchants Payments Coalition, Sears » Comments (0)

Sears has added yet another new payment option to its existing suite of financing solutions – the Sears Monthly Payment Plan. The new plan offers a more controlled form of borrowing for shoppers who want to avoid unexpected finance charges. The basic terms are 48 equal payments on purchases over $750, with APRs as low as 12.99%, subject to credit approval. Financing is provided by GE Money Bank.