Splitit
Split purchases into interest-free instalments on your own credit card
Launched yesterdaysplitit.com
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About Splitit
Splitit lets shoppers divide a purchase into monthly payments using the credit card they already own. The card limit is held and released as payments are made, so there is no new loan application and no interest charged by Splitit. Retailers add it at checkout online or in store to lift conversions on larger baskets. Merchants pay for the service, while customers choose the number of payments. It suits shops selling higher-priced goods.
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