Sezzle is a buy now, pay later (BNPL) app that offers up to $15,000 in spending power. You can pay in two to four installments or opt for longer loan terms, from three to 48 months. It doesn’t charge interest, and there’s no hard credit check for the pay-in-2 or pay-in-4 plans.
But it charges a service fee that varies depending on the purchase price and product, and it may charge other fees as well. Plus, long-term payment plans typically require a hard credit inquiry, and interest rates can reach as high as 34.99%, which is worse than most credit cards.
If Sezzle isn’t the right fit for you, or you just want to explore more options, check out these other BNPL apps. Or, if you prefer cash to credit, we added some top cash advance apps to compare.
| Financial institution | Loan amount | Cost | Terms | Turnaround time | Late fee? | |
|---|---|---|---|---|---|---|
Varo (cash advance) | $20 to $500 | $1.40 to $40 transfer fees | 15 to 30 days | Instant | No | |
EarnIn (cash advance) | Up to $750 | Free | Until next paycheck | 1 to 2 business days or instant for a fee | No | |
Chime MyPay (cash advance) | Up to $500 | Free | Until next deposit | Within 2 days or instant for a fee | No | |
Brigit (cash advance) | $50 to $250 | $8.99 to $14.99/month | Next payday, but can extend | 1 to 3 business days or instantly with a Premium subscription or for a fee | No | |
Cleo (cash advance) | Up to $250 | $5.99/month | Within 14 days but can extend | 3 to 4 days or same day for a fee | No | |
Affirm | $50 to $20,000 | 0% to 36% | Pay in 4, or up to 60 months | At purchase | No | |
Perpay (BNPL) | Up to $1,000 initial spending limit | 0% | Up to 6 months | At purchase | Yes | |
Dave (cash advance) | Up to $500 | Up to $5/month | Next payday or nearest Friday | Up to 3 business days or instant for a fee | No | |
Cash App Borrow | Up to $1,000 | 5% of advance amount | Typically within 4 weeks | Same day | Yes | |
PayPal in 4 (BNPL) | $30 to $10,000 | 0% to 35.99% | Pay in 4, or 3 to 24 months | At purchase | No | |
Klarna (BNPL) | No predefined limits | 0% to 33.99% | Pay in 4, within 30 days, or 6 to 24 months | At purchase | Yes | |
Afterpay (BNPL) | Limits start around $600 | 0% to 35.99% | Pay in 4 or 6 or 12-month terms | At purchase | Yes | |
Zip (BNPL) | Varies | $0 to $78 | Pay in 4 or 8 installments | At purchase | Yes | |
Splitit (BNPL) | Depends on your credit card’s available balance | 0% (but your credit card rates and fees still apply) | Varies by merchant | At purchase | No |
Sezzle offers purchasing power up to $15,000, which is higher than many similar apps. It also allows you one free reschedule per order, and you may be eligible to reschedule other payments for a fee.
But it charges interest for its long-term repayment plans, and even its short-term plans typically come with service fees. Plus, its long-term plans may have rates as high as 34.99%.
BNPL apps are a handy way to make purchases and spread the payments out over four installments. Most don’t charge interest, and they’re available at tons of stores, both on and offline. They’re typically easy to qualify for, and most don’t require a credit check.
But they don’t give you access to cash, and watch out for fees, which can really add up. Also, long-term BNPL plans can have rates up to 36%.
The biggest benefit of cash advance apps is the ability to get cash instead of using credit. This benefit makes it a more flexible option for people who need gas money or other essentials that can’t be paid for with a BNPL app. They’re also easy to get, with low requirements to qualify and no credit check. Plus, they don’t charge interest or late fees, and some apps are practically free if you can wait a day or two for the cash.
However, certain apps require a monthly subscription, and almost all charge for same-day transfers. And you typically have to repay the advance in full on your next payday, which could leave you short again.
If neither a BNPL nor a cash advance app is the right fit, consider these alternatives.
You can’t have more than two open orders with Sezzle premium brands. For non-premium merchants, you can only have one open order at a time.
The criteria that determine how much you can spend may vary depending on the BNPL app. But typical factors that apps like Sezzle consider include your income, credit profile, your account usage and history with the app.
Some can. For example, if you upgrade to Sezzle Up, the company reports your payments to the major credit bureaus, which can help you build credit or raise your credit score.
Alternatives to apps like Perpay, including other BNPL apps and cash advance apps.
Alternatives to Affirm, including other BNPL apps and cash advance apps.
The Finder buy now, pay later (BNPL) report looks into how many American adults used BNPL services in the last six months.
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Get financing for your next big purchase with APRs as low as 0%.
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