Estimated reading time: 5 minutes

Are you eyeing to buy a fancy product on Lazada, but you’re hesitant to pay for it now? No more worries for you because Lazada’s installment plan offers a hassle-free solution to shop for your desired products while spreading the cost over manageable monthly installments. This blog will show you several Lazada installment plans to help you get what you want to purchase and pay off easily.

About Lazada’s Partnership

Lazada installment has several partners that you can use installment plans with. From the eligibility criteria to the checkout process, the platform covers all the essential aspects so that buyers can make informed decisions and take advantage of this flexible payment option.

No more compromising on wishlists or waiting for the right moment to purchase. With Lazada’s installment plan, the time to indulge your desires is now! So, let’s dive in and explore how this fantastic feature can elevate your shopping escapades and add a touch of convenience to your life.

Also read: Top 13 Things you Need to Add to Cart This Lazada 8.8 Sale

How to Avail Lazada Installment Without a Credit Card

Lazada has several options for payment to help customers have various options for their Lazada installment plan. In the process of how to avail installment in Lazada, we will show you several partners that Lazada works with and do not have the hassle of using a credit card.

Billease

Billease is one of the partners for Lazada that helps customers pay the amount they borrowed later. Additionally, the partner has a low-interest installment plan option for applicants when loaning for Lazada. 

There are steps to applying for a Billease installment plan. Follow these steps one by one to get your installment.

1. Go to https://billease.ph/ to apply for a loan.
2. Insert the amount of money that you want to lend, ranging from P2,000 to P3,000.
3. Choose your installment term to your liking (ranging from 1-3 months).
4. Click “Apply”.
5. Fill out the requirements and wait for approval.
   • Approval may take one day
6. After the approval is done, you can get the amount on your Lazada Wallet

InvestEd

InvestEd is another partner of Lazada that will help you make an installment plan for your purchase. Moreover, the company is also used for educational loans and used for several other reasons. Apply now for your first installment plan with its 2.42% interest rate.

Follow these steps to apply:

1. Go to https://www.invested.ph/ and click “Apply Now” on the top right of the page.
2. There will be a page listing information and requirements that will be needed from the applicant.
   • Education fund
   • Personal information
   • Address information
   • Academic information
   • Terms and conditions
3. Click “Next”.
4. Fill out the application and wait for approval which will take around 2-7 days.
5. If qualified for a loan, the loan officer will have a phone interview with the applicant to verify the information.
6. Submit the requirements that they ask for.
7. Receive a loan and use it in any way to your liking.

TendoPay

This installment plan is mainly used for buying products online. Since it is a Lazada partner, there will be an option on “Payment Methods” on Lazada for TendoPay. However, you must be an applicant of TendoPay before using installment plans. These are the steps to apply for TendoPay.

1. Visit this link and sign up to make an account.
2. After applying for installments, wait for approval of the application.
3. Once you have been approved, purchase vouchers from TendoPay that will be used as installment plans. Vouchers may range from P6,000 to P30,000, and you may select the time of payment for your installment.
4. Once you choose your voucher, the money will go to your Lazada Wallet.

LazPayLater

LazPayLater is Lazada’s loaning program that will allow users to borrow up to P15,000 to have the financial freedom to get what they want. Paying back is easy as well. Users can pay back using GCash or Maya Pay. Now follow these steps to avail lazada installment plan on LazPayLater.

1. Open your Lazada app and click “LazPayLater.”
2. Agree on the Terms & Conditions and click “Apply Now.”
3. Put in the OTP number sent to your phone number.
4. Take a picture of one valid ID.
5. Take a selfie for face verification/identification
6. Fill up the form given by Lazada and make sure to fill up with the correct information
7. Apply and wait for approval.

Furthermore, using LazPayLater is also simple when purchasing an item. Simply choose the payment method as LazPayLater, and the user can use the Lazada installment plan when purchasing an item. The value of the payment plan may vary depending on the item being purchased. 

Also read: GUIDE: How to Avail Lazada Pay Later Payment Option

How to Use Lazada Installment Plan with BDO Credit Card

BDO credit card offers 3-month, 6-month, 12-month, 18-month, 24-month, and 36-month payment installments for all users who are BDO credit card holders. If a user wants to use Lazada BDO Installment, they must choose their payment method as BDO installment during checkout. 

Notice: Minimum purchased for BDO Installment is P3,000

Closing Thoughts

Whether it’s the latest tech gadgets, stylish clothing, or home appliances, you can enjoy the convenience of owning your dream items. No more compromising on wishlists or waiting for the right moment to purchase. With Lazada’s installment plan, the time to indulge your desires is now! So, let’s dive in and explore how this fantastic feature can elevate your shopping escapades and add a touch of convenience to your life.

– WhatALife!/Zain

Source: (1), (2), (3), (4), (5)

---

Also read: GUIDE: How to Avail Lazada Pay Later Payment Option?