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American Heritage Credit Union Begins Buy Now, Pay Later Service for Members

By: American Heritage11.12.26
American Heritage Credit Union

American Heritage Credit Union ("American Heritage") now offers members access to Buy Now, Pay Later service. This innovative payment option provides a qualified member with an installment loan following a significant purchase. Buy Now, Pay Later service has become increasingly popular over the years, and American Heritage is eager to bring this new solution to its membership. Through this offering, American Heritage members can take advantage of a unique lending solution offered by a financial institution they trust in their credit union.

To qualify, American Heritage members must make a purchase between $300 and $3,000 with their American Heritage debit card. Eligible purchases include transactions made for a new appliance, school supplies, travel, a technology upgrade, or more. Buy Now, Pay Later will be offered to members for purchases made both in store and online. Mortgages, auto loans, and credit card transactions do not qualify for Buy Now, Pay Later service.

All offers related to Buy Now, Pay Later will be promoted directly to members via American Heritage's mobile banking tools. The member may accept the offer right within the platform if they so choose, limiting the need for assistance from an American Heritage associate. The member can then review their offer and make payments toward the loan over the course of its term via online banking.

"We are incredibly excited to be bringing Buy Now, Pay Later service to our membership," said Bruce K. Foulke, President & CEO of American Heritage Credit Union. "This is a payment option that most have become familiar with over the years. In offering this service to our members, we present them with an innovative lending option they can take advantage of directly from a trusted institution such as their credit union. This directly aligns with our longstanding goal of providing modern financial solutions to our members, all the while allowing us to remain competitive within the lending space."

To learn more about American Heritage's new Buy Now, Pay Later service, click here.

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