SimpleSelect announces introduction of SimpleSelect BNPL.
Charleston, SC – November 21, 2023. SimpleSelect Patient Finance® is happy to announce the launch of its new Buy Now Pay Later (BNPL) financing option for medical practices. With BNPL, SimpleSelect allows patients to utilize existing credit with their current credit card(s) issuer to obtain no interest payment plans as opposed to applying for new loans or credit. Patients choosing this option do not need to fill out a credit application and there is no credit underwriting of any kind. All they need to qualify is a major credit card with enough open credit (open to buy) to cover the total cost of the payment plan. Once approved, patients can select from a variety of monthly plans and only the first month’s payment is charged to the patient at the time of accepting the plan. As long as the patient pays the amount of the monthly payment applied to their credit card each month, no interest is charged to the patient.
SimpleSelect BNPL™ loans are available in terms of 3, 6, 9, and 12 months. Options may vary by provider.