Disclosure: This post may contain affiliate links, meaning we get a commission if you decide to make a purchase through our links, at no cost to you. Please read our disclosure for more info.
For kicks, let us talk about something personal. Are you in the market for a new appliance, furniture, or home improvement project but need more cash upfront? Look no further than Fortiva Retail Credit. This financing option allows you to make your purchases and pay them off over time with manageable monthly payments.
One of the biggest benefits of Fortiva is its flexibility. You can use it at various participating retailers, from large chain stores to local mom-and-pop shops. And because it's designed specifically for consumers with less-than-perfect credit, you don't have to worry about being turned down.
But with so many retailers accepting Fortiva Retail Credit, it's important to know where to use it to get the most out of your financing options.
In This Post:
- What Are the Stores That Accept Fortiva Retail Credit
- How to use Fortiva Retail Credit
- Benefits of using Fortiva Retail Credit
- Limitations of Fortiva Retail Credit
- Alternatives to Fortiva Retail Credit
What Are the Stores That Accept Fortiva Retail Credit
Fortiva Retail Credit is a financing option that allows customers to make purchases and pay over time. While not all retailers and online stores accept Fortiva, here are some that do:
- Appliances Connection: Appliances Connection is a prime credit provider and offers a wide range of appliances for the home, including refrigerators, ovens, and washers and dryers. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments.
- Bob's Discount Furniture: Bob's Discount Furniture offers furniture for every room in the house, as well as mattresses and home decor items. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments.
- Jewelry Exchange: Jewelry Exchange is a leading online retailer of diamond and gemstone jewelry. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments on purchases.
- MySynchrony: MySynchrony is an online marketplace that offers financing for a variety of retailers, including Amazon, Walmart, and Lowe's. Customers can apply for Fortiva Retail Credit through MySynchrony and use it to make purchases at participating retailers.
- Value City Furniture: Value City Furniture offers furniture for every room in the house, as well as mattresses and home decor items. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments.
- Ashley Furniture: Ashley Furniture is a popular furniture retailer that offers a wide range of home furnishings, including sofas, beds, and dining sets. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments.
- Rooms To Go: Rooms To Go is a furniture retailer that offers furniture for every room in the house, as well as mattresses and home decor items. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments.
- ABC Warehouse: ABC Warehouse is a retailer of electronics, appliances, and furniture. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments on purchases.
- Mattress Firm: Mattress Firm is a retailer of mattresses, bedding, and sleep accessories. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments on purchases.
- Discount Tire: Discount Tire is a leading tire and wheel retailer. With Fortiva Retail Credit, customers can apply for financing and make affordable monthly payments on purchases.
These are just a few examples of retailers and online stores that accept Fortiva Retail Credit. Customers can visit the Fortiva Retail Credit website to learn more and apply for financing.
How to use Fortiva Retail Credit
To apply for Fortiva Retail Credit, customers must first visit the company's website and fill out the online application form. The form will require basic personal information, such as name, address, and social security number.
After applying, the applicant will receive a response within seconds indicating whether they have been approved or denied. The applicant can use their Fortiva Retail Credit account to purchase at participating retailers if authorized.
Customers must provide their account information at checkout to use Fortiva Retail Credit in-store or online. Customers can provide their account number or scan their Fortiva Retail Credit card if shopping in-store. If shopping online, the customer will need to enter their account information during the checkout process.
The amount of credit available for use will depend on the individual's credit limit, and Fortiva can determine this during the application process. Once the purchase is complete, the customer will receive a statement indicating the amount due and the due date. Making payments on time is important to avoid late fees and damage to credit scores.
Benefits of using Fortiva Retail Credit
- Fortiva Retail Credit offers several advantages over other forms of credit. One of the main benefits is that it is specifically designed for individuals with less-than-perfect credit, making it easier to obtain than traditional credit cards or loans.
- Fortiva Retail Credit has various rewards and benefits to help users save money and improve their credit scores. For example, Fortiva Retail Credit offers cashback rewards on purchases made at participating retailers and access to free credit monitoring and educational resources.
- Furthermore, Fortiva Retail Credit allows users to establish a credit history and improve their credit score, leading to better interest rates and access to more traditional forms of credit in the future. Overall, Fortiva Retail Credit provides a valuable financial tool for individuals looking to build or rebuild their credit.
Limitations of Fortiva Retail Credit
- Is a financing option offered to consumers with lower credit scores but has several potential downsides. One of the most significant downsides is the high-interest rate charged on purchases, ranging from 25.99% to 36%. Customers can pay significantly more than the purchase price in interest charges, leading to higher debt and extended repayment periods.
- Additionally, Fortiva charges a range of fees, including an annual fee, late fees, and returned payment fees, which can add up quickly and make the credit card much more expensive.
- The credit limits are also relatively low, typically ranging from $300 to $4,000, which may need more for larger purchases or emergencies. Customers should consider potential costs and limitations carefully before using it.
Alternatives to Fortiva Retail Credit
Fortiva Retail Credit is one option for consumers seeking credit, but it may not be suitable for everyone. Other credit options that may be more appropriate for certain consumers include secured credit cards and personal loans.
Secured credit cards are ideal for individuals with no credit history or bad credit, as they require a security deposit and can help establish or rebuild credit. Personal loans, on the other hand, can provide a lump sum of money that can be used for a variety of purposes, such as consolidating debt or financing a large purchase. It's important for consumers to carefully consider their options and choose the credit product that best fits their needs and financial situation.
Fortiva Retail Credit can be a useful option for consumers who need financing to make purchases but have less-than-perfect credit scores. With flexible payment plans and quick approvals, Fortiva can help consumers get the products they need while building their credit profiles.
Curious about other alternative financing options? Delve into our companion article, “Everything You Want to Know About the Afterpay Card,” for a detailed exploration of the Afterpay Card and how it can provide a unique approach to managing your payments.
Can I use Fortiva retail credit anywhere?
Fortiva retail credit is a type of credit that is issued by the Fortiva Retail Credit program to help customers finance purchases from participating retailers. The credit can only be used at retailers that are part of the program.
Can I use my Fortiva credit card for anything?
Can I use Fortiva at Walmart?
Yes, Fortiva financing is available at Walmart for eligible purchases. You can apply online or in-store.