SezzleCash is a Cash Advance product that allows eligible users to obtain short-term credit to address short-term liquidity needs. Sezzle will send the agreed-upon amount of money to either a bank account or a debit card. Repayment is made in bi-weekly installments according to the repayment schedule selected at the time of your loan agreement, with the first payment due approximately 14 days from the date the SezzleCash was accepted. Refer to your Loan Agreement for additional details.
This is a form of credit and must be repaid according to the agreed terms.
Who is eligible to use SezzleCash?
Eligibility is based on factors such as:
- Active account and verified SSN with Sezzle.
- Prior account activity and repayment history with Sezzle.
- Actively enrolled in a Sezzle Anywhere subscription.
How much can a consumer borrow?
- Advance amounts generally range from $50 to $300, but may vary by user based on your Sezzle payment history. A large outstanding balance with Sezzle will affect your ability to get a SezzleCash Cash Advance.
- The eligible advance limit may change over time based on prior usage and repayment behavior.
- Each SezzleCash request is subject to review at the time of the request; approval is not guaranteed.
What are the fees or costs?
- A service fee of up to $11.25 may be charged for each transaction. SezzleCash service fees are determined by the amount of your SezzleCash request.
- Advances may include a flat Service fee or a subscription access requirement.
- All fees are disclosed upfront before you accept the advance.
How does repayment work?
- You will be able to select a bank account that will be processed for payment automatically on your due dates displayed in the confirmation screen, and can be viewed and managed in the Sezzle App.
- We recommend linking a bank account. If your scheduled payment is processed using a debit or credit card instead, a fee may apply.
- You have the option to repay early at no extra cost.
Does using SezzleCash affect credit scores?
- Sezzle does not perform a hard credit inquiry to determine eligibility for SezzleCash, so applying will not impact your credit score, but we may use other information to assess eligibility.
- Repayments are only reported to credit bureaus if you are enrolled in the Sezzle Up Credit Reporting program.
How quickly can funds be accessed?
- ACH delivery: typically up to 3 business days.
- Debit card delivery: typically instant or same day.
- The time it takes to receive your SezzleCash funds may vary depending on your bank or financial institution, as processing times are determined by your bank.