At GOBIKE, we strive to make owning your e-bike a reality. We have multiple buying options, including GOBIKE Layaway!

Pay In Full: The Pro is that we immediately deliver your GOBIKE. The negative is that you may pay interest to your credit card company. However, if budgeted correctly, this is a great buying option.

Finance: The Pro of this option is taking ownership of your e-bike immediately, with extended payment terms of up to 18 months. The Con is that the finance company will charge interest on your purchase plus an initiation fee. The initiation fee is approximately $45, and the interest rate will vary depending on your credit.

For those of you that choose this option, GOBIKE has partnered with Affirm and Katapult to extend credit for your purchase. Click on the link, complete the details, and await your offer. Once accepted, you need to activate your offer by searching your email inbox for an activation link. FAILURE TO ACTIVATE THE LINK ELIMINATES YOUR ABILITY TO USE THE FINANCE OPTION. We see many customers that get approved but fail to take the final step in activating their accounts. PLEASE BE SURE TO ACTIVATE YOUR ACCOUNT BY SEARCHING YOUR EMAIL INBOX FOR THE ACTIVATION LINK.

GOBIKE LAYAWAY: GOBIKE extends our layaway option to ALL our customers. We have a significant demand for customers that wish to purchase an e-bike but are not in a rush to take immediate delivery and want to avoid paying interest on their credit card or to a finance company. GOBIKE layaway is a great solution. The Pro is that GOBIKE does not charge interest, finance, or installment fees when placing your order. GOBIKE will provide you with a serial number and a photograph of your boxed purchase that is stored separately in our Warehouse. You have 12 months to complete your purchase, and you may pay in regular installments (recommended) OR you may pay as you desire, provided that the entire balance is paid by the 12th month. The Con is that you will receive the delivery of your order once the entire balance is paid, and should you fail to pay off the balance as agreed (unless otherwise agreed in writing by GOBIKE), a 10% restocking fee of the retail price will be charged, in addition to the 30% non-refundable deposit.

This option is available to all our customers. Pay a 30% deposit at the purchase, and you will pay the balance over 12 months: NO INTEREST, INSTALLMENT FEES, OR GIMMICKS. GOBIKE will remove your purchase from our active inventory and separate it from our warehouse. You will be provided with the serial number of your e-bike. Once the total retail price is paid, GOBIKE will ship your e-bike to you via FEDEX, or other partner careers.

Affirm is a financing alternative to credit cards and other credit payment products. Affirm offers real-time financing for purchases online. With Affirm, you can buy and receive your purchase now, and pay for it in fixed monthly installments.

Here is what Affirm offers: 

Buy and receive your purchase now and pay for it over time. This allows you to split up the price of your purchase into fixed payment amounts that fit your monthly budget. If Affirm approves you for a loan, Affirm discloses your loan terms before you make your purchase. You will know exactly how much you’ll owe each month, the number of payments you must make, and the total amount of interest you’ll be paying over the course of the loan. Affirm does not charge hidden fees.

The application process is secure and in real-time. Affirm asks you for a few pieces of
information. After you provide this information, Affirm will notify you of the loan amount you’re approved for, the interest rate, and the number of months you will have to pay off your loan, all within seconds.

You don’t need to have a credit card to make a purchase.

Affirm bases its loan decision not only on your credit score, but also on several other data points about you. You may be eligible for Affirm financing even if you don’t have an extensive credit history.

Affirm will send you email and SMS reminders in advance of your upcoming payment. You can also enable “Autopay” to schedule automatic monthly payments on your loan.

Affirm will ask you for a few pieces of personal information – your name, email, mobile phone number, date of birth, and the last four digits of your social security number. Affirm uses this information to verify your identity, and to make an instant loan decision. Affirm will base its loan decision not only on your credit score, but also on several other data points about you. This means you may be able to obtain financing from Affirm even if don’t have an extensive credit history.

Yes, when you first create an Affirm account, Affirm performs a ‘soft’ credit check to help verify your identity and determine your eligibility for financing. This ‘soft’ credit check will not affect your credit score.

Yes, when you first create an Affirm account, Affirm performs a ‘soft’ credit check to help verify your identity and determine your eligibility for financing. This ‘soft’ credit check will not affect your credit score.

Affirm loans vary between 0% APR and 30% APR simple interest. The corresponding finance charge is the only fee associated with an Affirm loan. Affirm does not charge late fees, service fees, prepayment fees, APR penalties or any other hidden fees for a late payment. They strive to always be more transparent and fair than any other form of financing.

Katapult is a no credit required, lease to own space. Have bad credit? Don’t have credit history? Not an issue. Katapult offer a simple, straight-forward lease to own payment option to help you acquire the products you want and need.

Before each payment is due, Affirm will send you reminders via email and SMS that will include
the installment amount that is coming due and the due date. You can also sign up for autopay so
you don’t risk missing a payment. Please follow these steps to make a payment:

• Go to www.affirm.com/account
• You will be prompted to enter in your mobile number where you will be sent a personalized security pin.
• Enter this security pin into the form on the next page and click “Sign In.”
• You’ll now see a list of your loans and payments coming due. Click on the loan payment
  you would like to make.
• You can make a payment utilizing a debit card or ACH bank transfer.

Anyone over 18 years old may apply and may be approved, other requirements apply.

Everyone is a little forgetful, so Katapult try to help. Before each payment is due, Katapult will send you a text message and an email regarding the payment date and the amount of your next lease to own payment.

With Katapult’s lease to own program, you have discounted early purchase options available to you.

90 Day Early Purchase Option:

Pay off your lease in the first 90 days for just 5% over the cash price + your $45 initial payment and applicable taxes.

Continue to lease and pay off at any time: 

With Katapult lease to own you have the option to continue to lease your items and pay off at any time prior to full term at a discounted amount.

No credit? Bad credit? No problem. Katapult understand that things come up in life. They work with customers that have no credit, bad credit or a bankruptcy. “No credit required” does not mean nor imply that no inquiry will be made of credit history or creditworthiness. Katapult may check past transactional history and report information about your lease purchase agreement to credit reporting agencies, but no established credit history is necessary.

Katapult auto-renewing lease purchase agreements are 10 – 18 months depending on the lease amount and state in which the customer resides. With a Katapult lease purchase agreement you have three options:

1.) Continue to make lease payments and a portion of every payment goes toward reducing the buyout price.

2.) Buy the products outright at any time during your lease purchase agreement term.

3.) Return your item(s)

No, Katapult offer you a lease to own program. Customers are entering into a lease purchase agreement to lease products with an option to own, by exercising an Early Purchase Option or making all lease to own payments scheduled in the lease purchase agreement. The lease purchase agreement is not a credit transaction. Lease to own payments do not include an interest rate or APR and these will not be used to calculate the lease amount.

Katapult consider the following four factors when calculating the lease to own payment.

1. The cash price of the product
2. The state in which the customer resides
3. The maximum term a customer can lease the product
4. The state/city sales tax rate