Elective offers a variety of payment methods to make financing your purchases simple and convenient. Below is a breakdown of accepted methods based on your location and payment type.
Loan Payments
The payment methods available for your loan depend on your location:
- United States: Debit cards or ACH (bank transfer)
- Canada: Credit or Debit cards
NOTE: Prepaid debit cards are not accepted for loan payments.
Down Payments at Checkout
If you’re required to make a payment at the time of checkout, you can pay using: a debit card or credit card (Visa, Mastercard, American Express, Discover).