Where can I buy appliances in installments? See your options!

No credit card required, no bureaucracy required, read the text and find out where to buy appliances in installments.

Once we become adults, our dreams become quite strange, for example, buying household appliances.

You'll hardly find a teenager dreaming of buying an electric fryer, but ask a mother or father.

However, in most cases it is a matter of practicality and necessity, as some household appliances make our routine much easier and even improve our quality of life.

However, we can't always make these little dreams come true because our budget doesn't allow it. However, there is a solution to this problem: installment payments.

In today's text you will find some options of places to buy your dream home. home appliance paid in installments on the bill. Check it out!

See our index below:

• What are the advantages of paying by installment?
• How to buy with installment payments on Mercado Livre;
• VirtusPay;
• Casas Bahia;
• Provu Installment;
• Conclusion.

What are the advantages of buying an appliance in installments using a bank slip?

This service is very advantageous for those who don't have a credit card. This means you can purchase a desired item and pay in installments that fit your budget.

Even if you have a credit card, you can pay in installments using a bank slip and save money or save your limit for another occasion.

With this financial product, your purchasing power also increases, as you are not limited to a credit card or cash to make your purchases.

Furthermore, another advantage worth highlighting is that in some cases, it is possible to purchase appliances in installments using a bank slip even if you have a negative credit rating. 

Want to know how and where? Keep reading!

How do I buy home appliances in installments on Mercado Livre?

Your first option is less bureaucratic, but with a huge disadvantage: the interest rates are, in fact, very high.

The installment cost for purchases made on Mercado Livre can reach 18,49%. Purchases made in other stores can reach 21,61%.

You can check the complete table by clicking here. The greater the number of installments, the higher the interest rate, of course.

Mercado Pago offers a special credit line for its customers. With it, you can pay for purchases in installments, pay bills, and even apply for a loan.

Payment can be made in up to 12 installments and this credit is extended to people with bad credit, as long as they are a Mercado Livre customer and have an active digital account with Mercado Pago.

You can buy your appliances wherever you prefer and choose the boleto as your payment method. The boleto can then be paid at the MP and in installments.

If you're not yet a customer, download the app, open your account, and start using it. In the app, look for the "Mercado Crédito" tab and check if you have credit available.

If you don't have one, keep moving your account and, if possible, transfer your salary. You will certainly soon have credit to purchase one. home appliance paid in installments on the bill.

To learn more details about this option, click here.

VisaPay

With VurtusPay, you can purchase products and pay in 15 installments using a bank slip. This option requires you to make the purchase at a store that accepts VirtusPay as a payment method.

Among the partner store options, we can highlight, for example:

• Cadence;
• Calvin Klein;
• HERE;
• Camicado;
• Centaur;
• Electric refrigerator;
• Sestini;
• Extra;
• Magalu;
• Casas Bahia;
• Point;
• Ricardo Eletro;
• Shopee.

On the VirtusPay portal, you will find a complete list of partner stores and can even be automatically redirected to the website of the store where you want to make your purchase.

This service is only available to people with a clean record and works as follows:

1. First, you register on the VirtusPay website;
2. then, purchase from the partner stores' website and generate your payment slip;
3. submit the invoice on the VirtusPay website with the number of installments and follow the instructions;
4. finally, wait for the credit analysis and approval of your purchase home appliance paid in installments on the bill.

If the bank slip is approved, you must pay the first installment. Only after payment will your order be released for delivery.

VirtusPay interest rates range from 4.5% to 7.5% per month. To find out more details and register, click here. here.

How do I buy home appliances in installments at Casas Bahia?

Casas Bahia was one of the first retailers to offer its customers the option of paying for their purchases in installments using a boleto, better known as a booklet.

Even with the emergence of new payment methods, the store still offers this option to its customers and still sells a lot this way.

The method works the same way: you choose a product from the store, go through the credit check, and if approved, you take the product, but pay in installments.

If you want to buy one home appliance paid in installments on the bill on the Casas Bahia website, you will be redirected to the VirtusPay platform, as it is the platform that handles installment payments for online purchases.

Provu Installment

Our last option for you to buy home appliance paid in installments on the installment plan it is in Provu Parcelado. 

This is a payment method offered by Provu. It allows you to pay for your purchases in up to 24 installments.

Interest is defined according to each client's financial profile, ranging from 3% to 7% per month.

The purchasing process on Provu works the same as on VirtusPay. You must make purchases at partner stores, that is, those that accept this payment method. These include:

• World-wide;
• Polishop;
• Electrolux;
• Electrum.

Who can pay in installments?

Installment payments are recommended for people who don't have a credit card. Even if you have a card but want to save your credit limit, you can pay in installments. 

There are some requirements when making the request, however, it may vary depending on each company. 

Some banks only approve loans for people who are already customers and make frequent purchases, such as Casas Bahia.

However, there are companies that approve applications for people who are not customers, but they tend to be more demanding: the customer must have a clean record and prove their income.

To know exactly who can pay in installments, It is important to contact the company where you want to pay in installments and find out what the requirements are. 

We can say that the main ones are: a clean record, a good credit score, and proof of income.

If you own a business and want to offer this payment model to your customers, you can partner with some of the fintechs that offer installment payments.

Installment payment for those with bad credit, is it possible?

The process for installment payments is the same as for credit or credit cards; the company performs a credit analysis. 

Therefore, if your name is on credit protection bureaus like Serasa or SPC, you will hardly be able to buy a home appliance in installments.

One alternative is to look for companies that don't perform credit analysis, which is difficult. Another tip is to try a company you're already a customer with, have a good relationship with, and offer this service.

On the blog of ZigNet, they inform that even customers with bad credit can get approval, since they do not carry out credit checks.

If you have a negative credit history, you can run a simulation with this company. There, you can pay various bills in installments, such as IPVA (vehicle property tax), rent, school fees, etc.

To access this service more easily and get better interest rates, be sure to negotiate your debts and clear your name.

Which stores accept installment payments?

This new payment method has become increasingly common, so the number of stores that accept or offer it installment payment slip as a form of payment only increases. 

For example, many stores already offer VirtusPay as an alternative payment method, including:

• Viajanet;
• Setini;
• C&C;
• Sono Show Furniture;
• Electrosound;
• Range;
• Klabin;
• Padovani;
• Easy Holiday Operator.

VirtusPay also accepts boletos from dozens of stores across a wide range of industries. See below!

• Amaro.com;
• Cadence;
• Footballers;
• HERE;
• Calvin Klein;
• Camicado;
• Centaur;
• Central Fit;
• Cobasi;
• Marisol Club;
• Continental;
• Dafiti;
• Dailus;
• Dell;
• CPC;
• Decathlon;
• Drogasil;
• Drummond;
• Motorola;
• Nature;
• Colombo Stores;
• Nike;
• New World;
• The Apothecary;
• New Balance.

Check the full list on the VirtusPay website. 

Buy home appliance paid in installments on the bill It is no longer a problem, because you buy from the store you want, generate a payment slip and take this payment slip to the website of the companies that accept payment in installments to see if you can get approval. 

In addition to the alternatives we mentioned in this text, there are other companies that offer this service, namely:

1. ZigNet;
2. Koin;
3. Flex Ticket;
4. Parcelex;
5. Diamond;
6. Bank of Brazil;
7. Loans Yes.

How to buy a cell phone with an online invoice?

You can buy a cell phone with a boleto in installments in several ways. First, you can try getting it at Casas Bahia. 

Another alternative is to check if you have credit available on Mercado Pago Credit MarketIf you have one, simply choose a device worth the credit and make the payment through the app.

You can choose the cell phone on the Mercado Livre website or in another store, and make the payment through Mercado Pago. 

This alternative is not the best, as it charges high interest on this service.

Ideally, you should research interest rates before deciding where to buy a cell phone using an online payment slip. 

Other than that, you can try some of the other alternatives we mentioned in this text. Go to the website of the store where you want to purchase the device.

You must choose the single payment slip as your payment method, then access the fintech website where you can pay your slip in installments, register, and see if they accept payment in installments.

How does Amazon installment payment work?

On Amazon's e-commerce site, you'll find a variety of products at great prices. You can even pay for appliances in installments using a bank slip. 

Not having a credit card will no longer be an obstacle to taking advantage of the best promotions and products the site offers.

Amazon offers this service, but the bills issued by it are accepted by most fintechs that offer installment bill payments, such as VirtusPay.

So, you can access the Amazon website and make your purchase as usual. Then, choose Boleto as your payment method.

Now, just go to the fintech website and request payment in installments.

Another interesting way is to pay your bill in installments with a credit card. With the PicPay app, you can shop on Amazon, pay your bill in installments with a credit card, and even earn 10% cashback.

If you're already a customer and have a PicPay Card or another credit card registered with this payment wallet, simply access the app and look for the Amazon Brazil icon.

You will be redirected to the company's website and can activate discount coupons and cashback.

If you are not yet a customer, discover the PicPay credit card and request yours. 

Is it worth buying appliances in installments?

This service is a solution for those who don't have a credit card. The process works similarly to a credit card: the store receives payment upfront, and the customer pays the fintech or bank in small installments. 

It may be a viable alternative in different situations, however, the interest rate may not be attractive.

Therefore, it is very important to compare fees and interest rates before deciding where to hire this service. 

Choose the main alternatives mentioned in this text and find out the interest rate applied by each of them and also how the credit analysis is carried out.

Based on the answers, see which alternative is worth it for your finances. 

Conclusion

Before you decide to buy one home appliance in installments on the bill, be sure to research and choose the option with the lowest interest rate.

While it's a useful service for those who don't have a credit card, it can be disadvantageous depending on the interest rates.

So, be sure to simulate and compare to find out which is the best alternative.

Recommended reading: Is it possible to open a digital account with just a CPF?