How do repayments work?

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.