What happens to my loan if my order is cancelled or refunded?
Edited
When your financed order is cancelled or refunded, we'll adjust your loan accordingly. Here's exactly what happens:
Your loan will be reduced or cancelled
Your outstanding loan will be canceled or reduced by the same amount as the refund. If you've already repaid this loan, we'll refund your original payment method.
Important note: Any payment processing fees (such as credit card processing fees on your loan repayment) will not be refunded.
Interest charges depend on timing
Orders cancelled or refunded within 7 days
We'll gladly waive the accrued interest on a loan that's cancelled or refunded within 7 days after placing the order.
Orders cancelled or refunded after 7 days
You'll still owe the accrued interest, calculated through the date of cancellation or refund (or the date you repay the loan).
This policy ensures fair treatment while accounting for the time value of the financing provided.