Cash Now Pay Later: Emergency funds when you need it most

Do you have bills to pay, tickets to book online and so on? This is where Line's "Cash Now Pay Later" (CNPL) comes in handy.

The concept of Buy Now Pay Later is taking the world by storm. But did you know you can also get Cash Now and Pay Later? The advantage with CNPL is you get cash in hand, not just buying options which is the case with BNPL.

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You need cash now, but payday is still days or weeks away. What do you do? Panic and stress start taking over. Want to get your hands on money in a hurry without falling prey to scams? Subscribe to Line.

What is Cash Now Pay Later?

The CNPL concept allows you, the user, to have instant access to cash with Line and pay it back later. It is similar to credit card benefits — same but different! This will take your bill-paying to a whole new level. It makes transactions easy and you can settle the entire amount at the end of the cycle which is typically 3 months.

Here are all the benefits of Cash Now Pay Later with Line:

It’s all about the extras

If you’re an active working professional with a ton of bills to pay out every month, with Line you can get money when it matters to you most. Now you have access to extra cash when bills pile up. 

Repay when you can

CNPL with Line allows you to borrow money without having to repay your debt right away. It is unlike personal loans that require monthly payments to satisfy your debt over time. Rather, it is a fixed repayment schedule over the course of a few months. You will be told upfront what you’ll need to pay each time and it’s usually the same amount. Line’s subscription plan starts at just $1.99/month.

Signs of approval

Line provides you with fast approval decisions and payouts. Approval happens in 5 easy steps that are convenient, confidential, secure and straightforward.

Qualifications matter

It will take you less than a few minutes to find out how much cash you qualify for. It could be anywhere from $10 to $500 for customers without interest and credit checks. Line also provides tools and services to help you save, spend and plan better. Returning customers are eligible for more.

Shopping spree

CNPL gives you the ability to take items home right away and pay later. It is convenient at the moment and disciplines you to pay for purchases over time. 

Credit score unaffected

A high credit score is not necessary to qualify for CNPL and neither does it affect your credit score in any way because CNPL usually doesn’t add to your credit score. 

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This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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