We take each Pay Later approval decision seriously and strive to ensure our customers maintain responsible spending behaviour. A number of factors go into our approval process, but here are the main criteria we look for:
- First-time applicants need to meet our eligibility requirement. You can find the requirements here.
- Too many purchases in a short amount of time may result in being declined (fraud prevention).
- Spending limit increase over time as an OctiFi customer. History of positive behaviour using OctiFi services will increase your chances of getting approved.
- Unpaid balances will reduce your available spending limit. Try paying them off first to increase your spending limit.