Credit Programs

CS-Cart " Credit Programs " module allows you to create and attach to the payment systems different types of installments and loans, which will be calculated on the product page and checkout.

Admin can set the following values for credit programs:

• Min. credit amount
• Max. creditloan amount
• One-time commission (fixed)
• One-time commission (%)
• Monthly commission (fixed)
• Monthly commission (%)
• From what month to start counting the commission
• Include first payment

And also can choose months (any from 1 to 36) for payment (for example, 1,2,3,4,5 or 1,3,6,16, etc.).

The user will choose a payment system, then a loan program and term. As a result, he will receive the following data:

• Amount of the first payment
• Monthly payment
• Total amount
• Overpayment

Also, the user will see the lowest monthly rate on the product page, and on the checkout page he will be able to upload documents for verification.

As a result, all the selected data will fall into the order details in the admin panel.

• The module is not integrated with any payment systems to calculate amounts in real time. All calculations are made based on the settings of the credit programs.