Financeit adds an administration fee to the principal amount calculated at 1.5% of the purchase amount, up to a maximum fee of $149. For example, the admin fee for a $1,000 purchase is $15. There are no hidden or additional charges.
Loan amount | Admin fee |
---|---|
$1,000 – $9,999 | 1.5% of purchase |
$10,000 – $100,000 | $149 |