Split big costs into smaller monthly payments with Cherry. Let your money go further and take better control of your cash flow when you pay in installments with Cherry.
Approvals are valid for 30 days. Once that expires, you are welcome to re-apply.
Absolutely! If you keep your account current, you may redeem the remaining balance before your approval expires.
For example, if you’re approved for $1,000 and only use $500, you may go back and use the remaining $500 as long as that approval is still valid and you continue to make payments on time. Our approvals are valid for 30 days.
Also, by establishing a good borrower history with Cherry and paying off your loans completely, you can make your full approval amount available again.
You’re approved for the maximum amount based on your financial background.
You can change your payment due date once during the life of your loan by visiting the Patient Portal and selecting Change Due Date.
Please note that your Cherry account must be current at the time to be eligible to change your payment due date once during the life of your loan.
