Payment Plan

How does the payment plan work?

All it requires is a 10% deposit. The remaining portion of your balance is broken up into 12 equal payments. The payments are then billed on your credit card monthly by Service Payment Plan. The plan is fully active after your initial deposit.

With the average credit card interest rate now at 16.1%, our Payment Plan can save you a minimum of $80.00 in interest charges over 12 month.**

For example if your GE Warranty plan was $800.00 your initial down payment would only be $80.00. Your remaining balance would be $720.00. Broken into 12 payments ($720.00/12 months) your credit card would be charged $60.00 per month for the remaining payments. Your first monthly payment would be due 30-45 days after your initial 10% deposit.

We are committed to making purchasing extended warranties easy for our customers.

*The 12 month payment plan is only available on GE Warranty plans that extend your warranty longer than 12 months. A documentation fee of $45 applies to the payment plan. This fee pays for administration, and proper documentation of the payment plan. No credit checks are done. The monthly charge will appear on your credit card.

**The cost of repaying a $1000 loan with 16.1% interest over 12 months, is $81.00 in interest.