You need cash now, but payday is still days or weeks away. What do you do? Panic and stress start taking over. Want to get your hands on money in a hurry without falling prey to scams? Subscribe to Beem.
What is Cash Now Pay Later?
The CNPL concept allows you, the user, to have instant access to cash and pay it back later. It is similar to credit card benefits — same but different! This will take your bill-paying to a whole new level. It makes transactions easy and you can settle the entire amount at the end of the cycle which is typically 3 months.
Here are all the benefits of Cash Now Pay Later with Beem:
It’s all about the extras
If you’re an active working professional with a ton of bills to pay out every month, with Beem you can get money when it matters to you most. Now you have access to extra cash when bills pile up.
Repay when you can
CNPL with Beem allows you to borrow money without having to repay your debt right away. It is unlike personal loans that require monthly payments to satisfy your debt over time. Rather, it is a fixed repayment schedule over the course of a few months.
You will be told upfront what you’ll need to pay each time and it’s usually the same amount. Beem subscription plan starts at just $2.47/month.
Signs of approval
Beem provides you with fast approval decisions and payouts. Approval happens in 5 easy steps that are convenient, confidential, secure and straightforward.
Also Known About : Cash Now Pay Later
Qualifications matter
It will take you less than a few minutes to find out how much cash you qualify for. It could be anywhere from $10 to $500 for customers without interest and credit checks. Beem also provides tools and services to help you save, spend and plan better. Returning customers are eligible for more.
Shopping spree
Cash Now Pay Later gives you the ability to take items home right away for your emergency needs. You can pay later based on your paycheck date. It is convenient at the moment and disciplines you to pay for purchases over time.
Credit score unaffected
A high credit score is not necessary to qualify for CNPL and neither does it affect your credit score in any way because CNPL usually doesn’t add to your credit score.
