Question 1

What is Cherry?

Accepted Answer

Cherry is a buy now, pay later company that makes it fast and easy to pay for health and wellness purchases over time with flexible monthly installments.

Question 2

How long is my approval valid for?

Accepted Answer

Approvals are valid for 30 days. After expiration, you are welcome to reapply.

Question 3

Can I increase my approval amount?

Accepted Answer

Yes, if you are eligible, you may request an increase through the Cherry Consumer Portal. Approval depends on eligibility.

Question 4

Can I pay off my financing early?

Accepted Answer

Yes, Cherry does not charge prepayment penalties. Paying early can even reduce interest owed.

Question 5

Does my 0% APR offer expire?

Accepted Answer

No. If you qualify for a 0% APR term, it is valid until the end of the term as long as you remain current on payments.

Question 6

How much is my down payment and when is it due?

Accepted Answer

Down payments depend on your purchase price and selected plan. Payments are due when your provider confirms services. Credit cards have a 2.99% processing fee; debit cards do not.

Question 7

How are refunds handled?

Accepted Answer

Refunds must be approved by Fountain of Youth. Once approved, Cherry will return funds to your account and adjust your loan balance accordingly.

Question 8

Does Cherry report to the credit bureaus?

Accepted Answer

Yes. Cherry may report payment history, including late or missed payments, to Equifax.

Question 9

Can missing payments hurt my credit?

Accepted Answer

Yes. Cherry is required to report late or missed payments to credit bureaus, which may negatively impact your credit score.

Financing

Financing in Hartland, MI | Get Care Now, Pay Later