Transparency & Disclosures 

Universal disclosure

• Subject to credit approval. Financing is available only to eligible applicants; approval depends on the provider’s underwriting policies (e.g., age, income, bank account, identification). Plans and rates vary by provider and may change without notice.
• Rate and term disclosure. Providers may offer APRs of 0 % to 36 %, depending on creditworthiness and purchase amount. Some leases include an ownership cost instead of interest. If you do not pay off the balance within the promotional period (see plan details below), accrued interest or leasing fees will be added to the remaining balance.
• Down payment and fees. Some plans require an initial payment or down payment at signing. Snap Finance’s 100‑Day option includes a processing fee; Synchrony charges a $29 account activation fee for the first purchase. Sales tax and any applicable state fees are always included in the financed amount.
• Eligibility & privacy. Applicants must meet age and residency requirements; a U.S. checking account and government‑issued ID may be required. Many providers perform a soft credit check to pre‑qualify, which doesn’t impact your FICO score, though full applications may trigger a hard inquiry.
• No hidden fees. Providers state that there are no late fees or prepayment penalties. You always see the full cost up front.
  

Plan‑specific details

Snap Finance (lease‑to‑own)

• Term & payment structure. Snap purchases the merchandise and leases it to you; you own the item after completing the lease payments. Default lease terms are 12–18 months, with automatic payments drafted from your bank account on the day after each payday.
• 100‑Day option. Pay only the cash price plus your initial payment within 100 days to avoid interest. Rapid Tire Service notes that the 100‑Day Cash Payoff requires payment of the purchase price plus a small processing fee.
  
• Early buyout. After 100 days, you can buy out before the end of the term and receive a discounted lease fee. Snap also offers an early buyout option at any time; paying early reduces the total cost.
• Lease cost. If you follow the maximum‑term plan, the total cost may be 1.5–3× the cash price plus taxes and fees. Payments are designed to fit your budget, and flexible scheduling is available.
• Requirements. Applicants need to be 18+, provide a valid ID and a checking account, and may have no credit or a limited credit history.

Progressive Leasing (lease‑to‑own)

• Term & payments. The standard lease‑to‑own agreement runs 12 months with weekly or bi‑weekly automatic payments. An initial payment starts the lease, and payments are automatically charged to your bank account or card.
• 90‑Day purchase option. You can buy the merchandise within the first 90 days (3 months in CA) by paying the cash price plus the lease cost for the first 90 days. This is the least expensive option and must be arranged with Progressive Leasing’s customer service.
• Early buyout. At any time during the lease, you can exercise an Early Buyout by paying a percentage of the unpaid 12‑month total. This reduces the lease cost and allows you to own the merchandise sooner.
• Requirements. Applicants must be 18 + (19 + in AL), have a Social Security or ITIN, a checking account, a debit or credit card, and a government‑issued ID.
  

Koalafi (lease‑to‑own)

• Term & payments. Approved customers may choose 12‑, 18‑, or 24‑month lease terms. Koalafi does not charge interest, but it adds a cost of ownership to the item’s price. Payments are made automatically according to your selected pay cycle.
• Early purchase options. During the first 90–120 days, you can pay the item’s price, your initial payment, sales tax, and a small early buyout fee ($0–$79) to own the merchandise. After that, Koalafi’s standard early buyout multiplies your remaining balance by an early‑buyout percentage listed in your agreement.
• Requirements. To apply, you must be 18+, earn at least $1,000 per month, have a valid SSN or ITIN, and have lived at a U.S. address for at least 60 days. Koalafi checks your credit using alternative credit bureaus; prequalification is a soft inquiry and final approval may create a hard inquiry.
• Credit reporting. Koalafi reports monthly payments to TransUnion. Paying on time may improve your TransUnion credit score, while missed payments may lower it.
  

Synchrony (revolving credit)

• Promotional financing. Synchrony’s promotional plans offer no interest if paid in full within the promotional period. During the promo period, interest accrues at your account’s APR and is assessed only if you do not pay off the promotional balance by the end of the term. Minimum monthly payments are required and may not pay off the entire purchase.
• Terms & APR. Common promotional periods include 6 or 12 months. Standard APRs on Synchrony credit cards can exceed 26 %, while reduced‑interest plans may use an illustrative 7.99 % rate with fixed monthly payments.
  
• Fees. A $29 account activation fee is charged on your first purchase. Late payment fees may apply if you miss a payment.
• Requirements. Applicants must own and reside at the property being financed (for home improvement projects), provide two forms of ID, and may need a joint applicant.
  

Shop Pay Installments (powered by Affirm)

• Pay in 4. Purchases $50–$999 can be split into four interest‑free payments every two weeks, with no impact to your credit score.
• Monthly plans. Purchases $150–$17,500 are eligible for 3, 6 or 12 monthly payments, with rates from 0–36 % APR. Example: an $800 purchase could cost $72.21 per month for 12 months at 15 % APR, or four interest‑free payments of $200.
• Eligibility & fees. You must be 18+, live in the U.S., and pay in USD. Checking eligibility won’t affect your credit; pay‑in‑4 plans are not reported to credit bureaus, but monthly plans may be reported. There are no late fees or prepayment penalties, and you can pay off your balance early.
  

Affirm (direct monthly financing)

• Term & APR. When checking out with Affirm, you can choose 3, 6 or 12 monthly payments. For example, a $700 purchase might cost $64 per month over 12 months at 15 % APR. Rates range from 0–36 % APR, and a down payment may be required.
  
• Pay‑in‑4 option. Alternatively, you can make four bi‑weekly payments with no interest.
• Fees & transparency. There are no late fees, service fees or prepayment fees. You always see the total cost at checkout.
  
• Eligibility & credit. Checking your eligibility does not affect your credit score. If you proceed with a monthly plan, your payments may be reported to credit bureaus.

Interest or lease fees after promotional periods

Most financing options come with a promotional or early-purchase period during which you pay only the cash price (plus taxes and any small fees). Snap Finance offers a 100‑Day option with no interest—if you pay within 100 days, you owe only the cash price plus a processing fee. Progressive Leasing offers a 90‑day purchase option (three months in CA), during which you pay the cash price plus the lease cost for the first 90 days. Koalafi’s initial early buyout covers 90–120 days; you pay the item’s price, sales tax and a small early buyout fee. If you do not pay off the balance during these periods, the lease continues and additional lease fees or accrued interest will be added, making the total cost higher.

Early payoff

Paying your balance early reduces the total cost and is encouraged. Snap’s early buyout option lets you purchase the item at any time after the 100-day period to save 30% or more on leasing costs. Progressive Leasing’s Early Buyout reduces the 12‑month lease cost by letting you pay a percentage of the unpaid balance. Koalafi gives you multiple early payoff options, including an initial 90–120‑day buyout and a standard early buyout with a discounted payoff amount. Shop Pay, Affirm, and Synchrony all allow you to pay off your balance at any time without prepayment penalties.

Credit reporting

Most providers perform a soft credit check for pre‑qualification, which does not impact your FICO score. Koalafi reports your monthly payments to TransUnion, so on‑time payments may help your credit while missed payments may lower it. Affirm may report monthly plans to credit bureaus, whereas Shop Pay’s pay‑in‑4 plans do not impact your credit score. Synchrony and Progressive Leasing are traditional credit products; late payments may incur fees and negatively affect your credit. Always review each provider’s credit‑reporting policy before applying.

By providing clear disclosures, detailed plan information, and early payoff options, you build trust with customers, comply with financing regulations, and offer flexible payment choices.

Financing applications, approvals, payment terms, interest rates, early payoff options, and all related lending decisions are made solely by the third-party financing companies we partner with, including Snap Finance, Affirm, Progressive Leasing, Koalafi, Synchrony, and Shop Pay. Ornate Home does not control, influence, or guarantee any approval outcome, credit decision, payment schedule, or financing terms offered by these providers.

By applying for financing through any partner linked on our website, you acknowledge and agree that:

1. All financing decisions are determined exclusively by the financing provider, not Ornate Home.
2. Approval is not guaranteed, and each provider uses its own underwriting criteria.
3. Ornate Home is not responsible for any fees, interest, penalties, missed payments, account issues, or changes in financing terms determined by the financing provider.
4. Your agreement is strictly between you and the financing provider you select.
   
5. Ornate Home does not access, store, or evaluate your personal financial data, and we do not participate in the approval or denial of your application.
6. Delivery timelines, pickup dates, and product availability do not change based on financing decisions, and all orders must be approved and confirmed before fulfillment.
   
7. If your financing is canceled, denied, or reversed for any reason, your order may be delayed or canceled until an alternative payment method is provided.

Financing options are offered as a convenience to help you complete your purchase; however, it is your responsibility to review, understand, and agree to the terms and conditions of your chosen financing partner before completing an application.