humm offers consumer financing to consumers by providing them with a new way to pay for purchases both online and in-store/in-clinic. With humm, you can make purchases up to $30,000 and pay over up to 60 months.
Application checklist for a humm account:
- Age of majority in province/territory of residence
- Canadian resident (humm is currently not available to customers or merchants based in Quebec)
- Mobile number
- Email address
- Bank account and/or credit card
Like with any form of credit, failing to meet your repayment obligations as set out in the humm T&Cs could affect your credit rating and affect your ability to be approved for future loans where the application involves a credit check.
It depends on your purchase amount.
For purchases under $17,500, we may do a soft credit check. This soft check will not impact your credit score.
For purchases over $17,501, we may do a hard credit check. This will show as an inquiry on the applicant's credit score.
With humm, repayments are spread over time – over 6 bi-weekly repayments for purchases under $1,500, or up to 60 months for purchases between $1,501 - $30,000. When you apply for humm, we will ask you to connect a funding source for repayments. This funding source can be a bank account (through a Pre-Authorized Debit or PAD) or credit card. Repayments are then automatically deducted from the connected funding source when they are due. You can see your repayment schedule in the humm app or on the website.
Yes, you can pay off your humm contract early without any additional fees or charges. You will only pay the balance owed on the date you make the payment. You can do this by logging into your humm app or online account and make a payment for the amount of your outstanding balance.
If you want to cancel a purchase you’ve made, you’ll need to do this through the retailer. They’ll get in touch with us to process the request.
Financing available with