Today, mattresses are much cheaper online. You can now get a premium mattress online for as low as €99, which is a significant savings over buying it in a physical store. You can even get financing through third-party services from many of the top online mattress companies like Nest Bedding, Casper, and Leesa.
You can still get a high-quality mattress without breaking your budget.
It Works (generally)
Although each mattress company will have its own unique financing model, the general principles of mattress financing are the same.
- First, choose the mattress that you would like to purchase. There is usually no minimum spend requirement. Even if your twin-sized mattress is less expensive, you still qualify for financing.
- You can choose which financing option you want at checkout. The third-party financing service will usually check your eligibility and provide you with an answer in a matter of minutes. It will require you to provide basic information.
- You can proceed to checkout if you are eligible. You may be required to make a deposit in some cases. Many financing services offer 100% financing. You will also have to select your preferred payment term. You have the option of choosing between 6, 12, or 24 months.
- You will be informed about the interest you’ll be charged before you make the purchase. Also, how much you’ll owe each month. Before you agree to the financing, make sure you have read all terms and conditions.
Notice:If you are paying through financing, most online mattress companies won’t allow you to use coupons or discount codes. You might not be eligible for any offers that they may offer.
Interest Rates
Some financing companies offer zero interest, but only if the loan is paid in full within a certain time period. For example, 6 months. In general, interest rates range from 0 to 30%.
Always check the terms and conditions of any loan you take out. If you pay within six months, you can often get 0% APR. This means that you will pay the exact same amount over the period of the payment as if you paid cash.
Financing Services
These are the most popular financing options that offer mattress financing.
1. 1.
Affirm is the most popular mattress financing service. The following are common services you will find:Pay with AffirmMany mattress websites have this button.
You only need to enter your basic information when you pay with Affirm. Affirm will verify your qualifications in real-time and provide you with a response within minutes.
You can choose from 6-, 12- or 18-month repayment terms with low interest rates of as low as 0.0%. The specific terms of borrowing vary between mattress companies.
You can purchase mattresses with AffirmLeesa, Casper and Avocado Green mattresses, Ghostbed, and Nest Bedding mattresses.
2. 2. PayPal Credit
PayPal partners with many mattress companies to offer easy financing, usually at 0% APR, if paid within six months.
The approval process is quick and easy. After you have chosen to pay using PayPal Credit, you will be taken to their secure website. They will simply ask you for your date-of-birth and social security number. Your approval will be immediately notified.
You can purchase mattresses with PayPal Credit4Sleep and Ghostbed by Saatva Leesa, Saatva, and Saatva.
3. Klarna
Klarna is an international finance company. They have partnered up with several mattress companies in the US to provide financing at low interest rates.
You can instantly check your eligibility, just like with third-party financing services. There is no need to fill out paperwork or provide detailed information. There is no waiting period.
You will be notified immediately if you are approved if you meet the criteria. They offer 0% APR in most cases if you pay off your debt within six months.
Klarna allows you to buy mattressesSaatva, Helix and Nolah.
4. Zibby
Zibby is an excellent alternative for people with low or no FICO scores. Customers can lease a mattress and pay over time.
Apply online right from the site where you’re buying a mattress to get pre-approved instantly.Even if your credit score is not high, you can still apply.Zibby could limit your spending.
If you pay within 90-days or less, they will not charge interest.
Zibby allows you to buy mattressesNest Bedding mattresses and Ghostbed.
Check out My Favorite Products for 2021!
Choose a list >MattressesToppers and PadsCooling/HeatingPillowsSheets
To see my top picks in that category, touch a tab above.
These are my current favorite of the 60+ beds that I have reviewed:
The best way to cool down your bed is with mattress toppers and pads.
The BedJet is my favorite bed cooling/heating system.
These pillows are great for relieving shoulder and neck pain.
These luxury sheets sets are my favourite online:
Parachutes Sateen sheets are the best for specific needs. Brooklinens Linen sheets Organic Luxury sheets: Saatva Lofton Organic Sheets. Breathable/Cool Percale sheets made from Parachute and Brooklinen.
