Approvals are valid for 30 days. Once that time period expires, you are welcome to reapply.

Once you're approved, you're approved for the maximum amount based on your financial background. Therefore, the amount cannot be increased.

Yes, Cherry does not have any prepayment penalties. If you have interest and pay off early, you'll even avoid some of that interest.

No, if you're eligible for a 0% APR offer, it does not expire for the current approval. For example: if you were approved for a 6 month term with 0% APR, this promotion is valid until the end of term as long as you stay current with your payments.

Once you input your purchase price, you’ll be provided with the options you have for down payment. It is due when the practice confirms they will need the funds in order to move forward with your services. Remember to bring your bank issued debit or credit card* when you are ready for checkout.

*Making payments via Pre-Paid Debit Card or Credit Card will result in a 2.99% processing fee. There is no processing fee for making a down payment with a traditional Debit Card.

To request a refund, please contact New Concept Beauty directly.

We defer to the refund policies put in place by New Concept Beauty and cannot initiate a refund without their approval.

Once New Concept Beauty authorizes a refund we will deposit the refunded amount (full or partial) into your account. Your Cherry account status and loan balance are adjusted accordingly.

If a partial refund is issued, your loan amount will be adjusted to reflect your new remaining balance. If a refund is issued in full, any payments made on your loan will be returned to you.

Yes, Cherry may report the status of our borrowers’ accounts to Equifax, one of the major credit bureaus.

Once you take out a loan with Cherry, we may report repayment information about your account to the consumer reporting agencies. Loans that are marked as delinquent may have a negative impact on your credit score.