Air conditioner payment plans

How To Pay Later with Air Conditioner Payment Plans

Summer is fast approaching. To keep your family cool and comfortable during the warmest season of the year, you may need to get yourself a new air conditioner.

Can’t afford to splurge just yet? No problem read our guide on how to get an air conditioner on payment plan.

There are convenient pay later plans that will let you purchase one now while divvying up your payment into lighter, more affordable installments. If you want to know how to buy an air conditioner and pay later, we’ve got a list of buy now, pay later (BNPL) options that’ll make getting an air conditioner easy and breezy.

Let’s jump right in!

Air Conditioner Payment Plans

From fintech companies to BNPL providers, here’s a list of services that you can use to score a new air conditioner:


Klarna has partnered with a list of electronics brands, giving you access to a wide range of products. An air-conditioning brand that you can consider with Klarna is Wayfair.

Wayfair’s product range is huge and some items come with attractive discounts. Even better, Klarna’s financing plan allows you to divide the price of your air conditioner into four interest-free payments so you can take an air conditioner home now and enjoy affordable payments later.


Affirm is another BNPL provider that has partnered with a wide range of department stores and retailers selling air conditioners. Some of these include Target, Amazon, Walmart, and Samsung.

Similar to Klarna, Affirm also allows you to purchase your items now and pay the total amount in four interest-free installments over six weeks.


Afterpay partners with TOSOT Direct, a global retailer of appliances. Their financing plan allows you to purchase HVAC (heating, ventilation, and air conditioning) equipment today and pay for it in four installments over six weeks.


Sezzle offers a financing plan that allows you to divide your total purchase amount into four interest-free installments and pay them off over six weeks. They’ve partnered with brands such as Target and IcyBreeze to provide customers with a variety of HVAC products.


Popular payment solution company PayPal provides users with financing plans as part of its BNPL services. Users can access pay later loans that allow them to buy what they want today and complete the payment in four interest-free payments later.

To offer a variety of appliances like air conditioners, its list of merchant partners includes Target, Walmart, Best Buy, Home Depot, and more.


LightStream is an American fintech offering a range of home improvement, auto, and recreation products.

Their lending amount varies from $5,000 to $100,000 with an annual percentage rate (APR) between 4.99% and 19.99%. They deliver the loan amount to your bank almost the same day and do not charge anything for early repayments. Their repayment term length varies from 24 to 84 months.

One drawback is they only accept individuals with credit scores of 660 and above.


LendingClub is an online peer-to-peer lending company that offers personal loans to consumers for amounts between $1,000 and $40,000. They also offer a range of personal loans, business loans, auto refinancing, and patient financing solutions.

They have a minimum credit score requirement of 600 and an APR between 6.34% and 35.89%. They do not charge a prepayment penalty and their fixed interest is very low.

LendingClub offers users a repayment term of 36 to 60 months.

Wells Fargo Personal Loans

If you’ve got a poor credit score, then this option is best for you.

Wells Fargo offers loans amounts between $3,000 and $100,000 with repayment periods between 12 and 84 months. They have an APR of 5.74% to 19.99% and do not have prepayment penalties or fees.

Once approved, funds are often accessible on the same or next business day. Their website doesn’t mention a minimum required credit score so they might accept your loan application even if your credit records aren’t the best.

Their repayment term varies from 12 to 84 months.


Upgrade is similar to LendingClub in most of its terms and offerings. However, Upgrade offers a slightly higher loan amount of $1,000 to $50,000. They also share an almost similar APR rate of 5.44% to 35.47%.

In contrast to LendingClub, Upgrade’s minimum credit score requirement is much lower at 580. Upgrade doesn’t charge an early repayment penalty either and offers repayment terms of 24 to 84 months.

Discover Personal Loans

Discover’s personal loans are for clients looking to finance between $2,500 and $35,000. Their APR is between 5.99% and 24.99% with repayment terms between 36 to 84 months. Plus, there are no prepayment penalties to worry about.

However, their minimum credit score requirement is the highest on our list at 720.


Fingerhut offers users two credit options:

The first is the Fingerhut Fetti which is similar to a traditional credit account. It is accessible to users who are in good standing with them. The account has a flexible credit limit that increases as the consumer makes on-time payments.

The second option is the Fingerhut FreshStart. This account allows users to build their credit by making a $30 down payment at the time of purchase and paying off the rest in 6 to 8 monthly installments.

Air Conditioner Brands That Offer Pay Later

Many air conditioner brands have their own built-in BNPL schemes. Here are some of the best ones to check out:

  • Trane
  • Lennox
  • Carrier
  • American Standard
  • American Air Conditioning
  • Conn’s Home Plus
  • Sylvane
  • Luther Sales

Wrapping Up

Now that you know how to buy an air conditioner and pay later, you can look forward to cooler summer months with the family.

We hope our guide has made it easier for you to buy an air conditioner while staying within budget.

Browse for your favorite brands now and you may just bring home an air conditioner sooner than you thought!

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