#BNPL #POSFinance / Ally Lending Joins Forces With Sezzle For Retail Market Lending Offering

Ally Lending, the personal lending arm of Ally Bank… added to its retail market lending offering through its new agreement with installment payments platform, Sezzle… through the partnership it will bring a fully digital application process to Sezzle for purchases up to $40,000, and monthly fixed-rate installment loans that can extend up to 60 months.

“Consumers using the platform will have the opportunity to discover new stores, manage existing orders, reschedule future payments, change payment methods and receive notifications ahead of their next payment. Ally Lending will begin funding loans for retail market borrowers in Q1 2021.”