Puppy Financing & Payment Plans

The financing process is simple — you apply for a loan using a specific lender. If you're approved, you can use the funds from the lender to purchase your puppy at Mawoo Pets. You can then repay the lender through fixed monthly installments. Some payment options are interest-free while others are interest-bearing; this depends on what option you qualify for and select.

Yes, some lenders offer loans for pet-related expenses, including for purchasing a dog or puppy. These loans are a type of personal loans and can be used for other pet-related expenses as well like veterinary costs. The interest rates and payment terms for pet loans are typically higher than for "Buy Now Pay Later" options.

Yes, there are financing options available even if you have bad credit. Some lenders offer bad credit pet financing but their interest rates are typically higher. Some Buy now, Pay Later puppy financing options, like Pay In 4 programs, may not require a credit check, and simply split your cost over 4 payments that are interest-free.

The most popular pet financing options are Pay In 4 options, longer-term Buy Now Pay Later (BNPL) programs, and pet loans. Pay In 4 options are typically interest-free, while longer-term BNPL options and pet loans are typically interest-bearing. Their terms can vary anywhere from 6 to 60 months. The longer the loan, the higher the interest rate tends to be.

A Buy Now, Pay Later option is a type of pet financing that allows you to complete your purchase now, but pay for it over time. Example vendors include BreadPay, Zip, and Credova. Buy Now, Pay Later options typically do not do a hard credit check.

The process varies by lender. At Mawoo Pets, you can prequalify for Mawoo financing and Terrace Finance, to see how much capital you qualify for and with what terms. You can then use these options at checkout to purchase your puppy. For other lenders like Credova, you can apply at checkout. You'll receive an instant decision. The process typically takes 1-3 minutes; if any documentation is needed for proof of identity or employment, the lender will ask you to share those separately.

Interest rates for pet loans vary depending on the lender, your loan term, and your credit score. Some options start from 0% APR (including Pay In 4 options) while other loans can exceed credit card rates. Before you commit to an option, consult our team — we're here to help you understand the full cost of your loan, including interest rates and fees, and to make sure it's the right fit for you.

As with any financing, the answer is yes. You need to make sure that you can cover your monthly payments and that the interest rate is sensible for you. There's always potential of high interest rates, especially for those with bad credit. For a complete breakdown of the pros and cons of puppy financing, including risks involved, review ourcomplete guide to puppy financing.

Yes. All of the financing options offered through Mawoo Pets perform no hard credit check. This means that your credit score will not be impacted. Instead of checking your credit history, our financing partners look at other factors like your income and employment status. So you can see what you qualify for, without worrying about negatively impacting your credit report.