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MDG Review and How Its Financing Works for Shopping

MDG provides credit you can use for shopping its catalog with its financing offers allowing you to spread payments for up to 24 months.

Many platforms provide buy now pay later credit card accounts which you can utilize for deferred payment and conveniently repay on a periodic basis.

Interestingly, several of these providers employ a soft credit inquiry considering factors beyond bureau scores to enable everyone to access their services, including those on course to repair their bad credit profiles.



Max. Amount


Credit Check



Up to 35.95%

Tip: MDG is a shopping platform that offers financing through its revolving credit account you can use to purchase products in its catalog and spread the cost through bi-weekly payments.


MDG is popular for being one of the top shop now pay later services that enable users to enjoy convenient installment payments for a variety of products in its vast catalog. 

It provides a revolving line of credit which can be up to $3,000 as a new user on the platform for financing products in categories that include electronics, gaming consoles, appliances, mattresses, cellphones, bikes, and others.


Read more about MDG

The maximum purchasing power that will be assigned to you is dependent on the soft credit check that will be conducted based on the information you provided at sign-up.

However, it cannot exceed its limit of $3,000 in a revolving credit line you can use for shopping on the platform.

It works very similar to the options provided when shopping the Stoneberry portal or the Fingerhut catalog but has just a single credit account type for all users.

MDG reports activities on its platform to the major credit bureaus like Experian, Equifax, and TransUnion hence, using it appropriately could build your score.

After making purchases on the portal through your assigned credit line, you are expected to repay through a bi-weekly schedule with an APR of up to 35.95% depending on the term of the payment. 

Unlike the other popular credit line platforms, MDG USA has no interest-free promo offer and also, you could end up paying a fee of up to $40 if you do not repay on time or when it is returned.

Nevertheless, you can enjoy other benefits it offers like free shipping on eligible orders, a vast product catalog, and free reporting to the credit bureaus to help you increase your credit score.

How MDG Financing Works for Shopping


MDG provides an open credit you can use for shopping its catalog of products and as you repay, the funds will repeatedly become available for recurrent shopping trips.


How MDG Works


Below is a more detailed view of how the MDG shopping platform works:


Open Credit Application

MDG operates similarly to other online shopping platforms, allowing users to place orders, complete checkouts, and make payments for their selected items.

Credit serves as one of MDG’s additional services, providing users with the flexibility to stagger payments for their purchases, although it is not mandatory for those who prefer upfront payments.

To initiate the financing process, prospective users must submit an application through the ‘Apply Now’ option available on the platform’s homepage.


Pre-qualification Stage

Upon submission of your application, the initial steps will be taken to grant you access to MDG’s credit line.

During the pre-qualification phase, MDG will perform a soft credit inquiry to assess your eligibility, considering information such as your social security number, phone number, and other provided details.

It is important to note that this inquiry, being a soft one, will not significantly impact your credit score, as it remains invisible to other organizations.

While there is a high likelihood of being offered MDG’s revolving credit line, not everyone qualifies.

During this stage, you may face a decline if you do not meet certain early requirements.


Product Shopping Phase

Once you have been offered the MDG’s revolving line of credit, you can then start shopping on the platform.

It provides an amazing catalog with varying items spread across several categories that include gaming items like PlayStation 5 and Xbox consoles, furniture, electronics, appliances, and more.

You can browse through the vast inventory and add items you need to the cart but you would want to ensure the value of your cart is within your assigned purchasing limit.

It is also worth mentioning that it is not just a financing platform but it supports direct checkout through upfront payment using your credit or debit card.

If you have enough funds to cover the full payment at once, you may want to do that as this also increases your trust level on the platform which can lead to a higher credit line.


Order Approval and Terms Sign-off

If you choose to go through the MDG financing method, you will have to go through the order approval stage.

This is more related to you and if the terms regarding your cart presented to you by MDG are conditions that meet your expectations.

The platform will show the repayment schedule based on the value of your order before you are allowed to checkout.

If the details regarding your order, especially the bi-weekly arrangement are fine for you, you will need to proceed, read the applicable terms, and accept to proceed to the next stage.


Initial Payment and Order Completion

After accepting the terms and proceeding, an initial payment is necessary before your order can be shipped.

The payment structure typically follows a bi-weekly schedule, with the initial down payment constituting the first installment of the expected periodic total.

Subsequent payments will be automatically deducted from your connected repayment method every two weeks.

Once you make this payment, your order will be submitted for delivery.

MDG Payment Options


The platform provides different financing options when shopping its catalog. These are given below:


46 Bi-weekly Payments

This payment option allows you to spread the cost of your purchase across 46 bi-weekly payments.

It is designed to provide a more extended repayment period, making it easier for you to manage your budget over time.

Each payment occurs every two weeks, contributing towards the total cost of the item.


43 Bi-weekly Payments

With 43 bi-weekly payments, this option strikes a balance between an extended repayment period and a slightly quicker payoff compared to the 46-payment plan.

It offers a manageable bi-weekly payment schedule, allowing you to budget effectively while ensuring a reasonable timeframe for completing your payments.


39 Bi-weekly Payments

The 39 bi-weekly payment option provides a quicker repayment plan.

If you prefer a shorter duration for clearing your balance, this option may be suitable.

With payments occurring every two weeks, you can settle the total cost of your purchase in 39 installments, allowing you to own the item more quickly.


While it has these plans, you are not mandated to follow the scheduled repayment dates as the platform supports early repayments to enable you to access more funds for shopping on its portal.

Benefits of Using MDG


Below are some of the things you could enjoy using the platform for consumer product financing:

MDG USA Homepage


Free Credit Reporting

MDG offers a valuable benefit by providing free credit reporting to the major bureaus.

This feature allows individuals to monitor and potentially enhance their credit standing.

By responsibly managing their purchases through MDG’s services, users can positively impact their credit history and overall financial profile.


Flexible Installments on a Bi-weekly Basis

One of the key advantages of MDG is its flexible payment structure.

Users can opt for bi-weekly installments, providing a convenient and manageable way to spread the cost of their purchases over time.

This flexibility accommodates different budgetary needs, making it easier for customers to acquire desired products without the burden of a large upfront payment.


Vast Product Catalog

MDG boasts an extensive product catalog, including a wide range of items such as furniture, electronics, home decor, cameras, and more.

This diverse selection allows users to find and finance products that cater to their specific needs and preferences, creating a one-stop shopping destination.


Free Shipping on Some Orders

MDG enhances the overall customer experience by offering free shipping on select orders.

This benefit not only adds value to the customer’s purchase but also contributes to a more cost-effective and convenient shopping process.


Exclusive Perks for Club Members

MDG’s Club membership comes with exclusive perks, including discounts and access to special products.

Club members enjoy a premium experience with additional privileges that enhance their shopping journey.

The availability of a free 90-day trial allows users to explore and experience these exclusive benefits before committing to a long-term membership.

Frequently Asked Questions on MDG


Here are some frequently asked questions regarding the use of MDG financing for buy now pay later shopping:


What is MDG?

MDG operates as an online retail platform with an extensive product selection, featuring furniture, electronics, home decor, apparel, and more.

Distinguished for its buy now, pay later model, the platform offers customers the flexibility to finance their purchases using a revolving line of credit it provides.

The platform enables customers to shop for diverse items and opt for a deferred payment approach, allowing them to pay for their purchases gradually over time.

Payments are typically scheduled on a bi-weekly basis, offering a convenient alternative to making an upfront payment.

Does MDG check credit?

Yes, MDG conducts a credit check when customers apply for financing on their platform. However, it is crucial to understand that its initial credit check is a soft inquiry.

A soft inquiry, also referred to as a soft pull, is a credit inquiry type that does not influence the customer’s credit score.

In the application process, the platform utilizes this soft credit inquiry to evaluate the customer’s creditworthiness and determine an appropriate credit limit or purchasing power.

The purpose of this soft inquiry is to understand the customer’s financial situation without leaving a lasting impact on their credit score.

It is important to distinguish this soft inquiry from a hard inquiry (hard pull), which is a more thorough credit check typically associated with applications for financial products like mortgages or credit cards. Hard inquiries may have a minor, temporary impact on the credit score.

In summary, while it does perform a credit check through a soft inquiry in the financing application process, the intention is to assess creditworthiness without significantly affecting the customer’s credit score.

What is the credit score for MDG?

The exact credit score required to qualify for MDG financing options is not publicly disclosed by the company.

Similar to other buy now, pay later services, the platform assesses customers’ creditworthiness by conducting a credit check during the application process.

This credit check is typically a soft inquiry, causing minimal impact on the customer’s credit score.

While it is recognized for its more flexible approach compared to traditional credit providers and may accommodate individuals with diverse credit profiles, it is important to note that specific approval criteria, credit limits, and terms can vary based on individual circumstances.

What is MDG’s interest rate?

Interest rates for MDG financing options are variable, and the specific rate assigned to an individual’s account is influenced by several factors, with the chosen term being a key consideration.

This information is typically provided during the application process, following a soft credit inquiry.

The provider may extend promotional financing with zero interest for a specified period, especially for new customers. However, if the full payment is not made within the promotional period or by the due date, an Annual Percentage Rate (APR) will be applied to the remaining balance.

The APR can fluctuate and generally falls within the range of 0 to 35.95%, contingent on the individual’s chosen financing term and other things as may be considered by the platform.

Is MDG legit?

Yes, MDG is a legitimate platform that allows users to buy products from its extensive catalog and manage payments through flexible installments.

Despite providing a revolving credit account, you are not obligated to use it for purchases on the platform.

Alternatively, you have the option to make upfront payments using your debit or credit card.

What is the maximum credit amount offered by MDG?

The maximum credit amount available when using the MDG platform is $3,000.

However, the limit assigned to you as a revolving line of credit is based on factors determined by MDG.

Importantly, it cannot exceed the platform’s maximum limit of $3,000.

Does MDG have a virtual card?

MDG does not offer a virtual card applicable for financing on external websites; its credit services are designed to be used exclusively for shopping its catalog.

While the platform does not provide a virtual card for transactions due to the nature of its business model, there are alternative buy now pay later virtual cards available.

These alternatives empower users to create organized payment plans when making purchases from a variety of retailers and they can be connected to popular digital wallets for offline payments too.

Can I pay off MDG early?

Yes, you have the flexibility to pay your MDG bills in advance without facing any penalties.

Settling the full amount before or on the due date not only helps you avoid any additional charges but also brings advantages such as positive credit reporting to major bureaus and an increase in your purchasing power.

Where does MDG ship from?

The orders placed on the MDG’s website are directly shipped from the company hence, expect your delivery to come from MDG and not any external partner.

Is MDG USA and Canada the same?

No, they are not the same.

While both MDG USA and Canada are from the same company, their offerings differ, including their inventories and accessible credit limit among others.

What is MDG Club membership?

MDG Club membership is a premium subscription program offered by the platform.

As a member of the club, individuals gain access to exclusive perks that enhance their shopping experience.

These benefits include discounts on purchases and the ability to access special products that may not be available to non-members.

The membership offers additional privileges, providing a premium level of service to those who subscribe.

To allow potential members to experience the advantages of the MDG Club, the platform offers a free 90-day trial.

During this trial period, users can explore and enjoy the exclusive benefits before deciding whether to commit to a long-term membership.

Overall, the membership aims to provide a more enhanced and rewarding shopping journey for its subscribers through special offers and premium features.

Is MDG a rip-off?

The platform is a shopping website with financing a major reason for its popularity among users hence, the nature of its business means that you end up paying an extra in APR to cover the cost of its offerings and operations.

Just like every buy now pay later catalog provider, the prices of items in its inventory are expected to be higher than what is attainable when shopping direct product retailing websites since there will be markup as interest.

What is the MDG fee for late payment?

You could end up paying a late payment fee of $40 if your statement balance is not cleared before or by the due date.

If you continue to default, it could affect you negatively since the platform reports activities to the major credit bureaus and also your chances of future access to its services.

Where can I get more details about MDG?

Though the platform does not have a detailed FAQ page, you can visit the homepage to learn more and the customer support page is also there that you can utilize to get additional information regarding how its services work.


The platform no doubt comes with features that make it a good option for buy now pay later shopping through its revolving credit line.

With a vast inventory of items, activities reporting to the major bureaus that could be helpful in building your credit score, and other perks, you can have MDG in your list of destinations when you want to finance products that you really need.

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