Zebit was founded to provide radically better financial options.
Zebit is on a mission to put financial control back into the hands of hardworking Americans.
Zebit offers free financial resources and the ability to shop millions of name brand products and pay over time without interest, fees, or credit checks. Zebit is a healthy alternative to poor credit options, like payday loans or rent-to-own, and provides a financial wellness program designed to relieve the number one cause of stress—financial stress. By offering members the ability to buy now and pay over time at 0% APR always, Zebit helps partners increase productivity, engagement, and retention within their organization, and helps members plan, manage, and respond responsibly to life events.
At Zebit, we believe in being 100% transparent across everything we do and in the products we offer our members. Our interest-free credit provides members an affordable way to respond to unexpected or everyday purchases, while reducing their stress and improving their overall well-being. Whether accessed directly, or as a comprehensive financial wellness benefit sponsored by one of our partners, Zebit is making financial freedom possible.
Director, Product Management
Engineering & Analytics
Why we exist
In 2011, Marc Schneider and I began a process of creating solutions to serve working Americans with radically better credit options. We had seen too many hard-working people struggle with financial stress because of complex, confusing products. Many became trapped in a cycle of high-cost debt after being denied access to fair deals just because of a low credit score or nonexistent credit history. Options in the market that appeared good on the surface, hid onerous “Gotcha!” terms in the fine print. We researched the market, used our experience in data science, and committed to developing products that could level the credit playing field. By leveraging technology, we created a comprehensive, financial wellness program that offers education, planning tools, and no-cost (no-Gotcha!) healthy credit. Sponsors include employers, associations, unions, and affiliate organizations. Zebit was made possible through partnerships with sponsors and merchants who also want to improve the lives of working Americans. We ran a successful pilot in 2014, and in 2015, established Zebit, Inc.—an independent U.S. company based in San Diego, CA. In 2016 we launched a direct option for individuals without access through a sponsor—now everyone can experience the benefits of financial wellness! And, as always, Zebit’s credit remains interest-free. Our motto is “Be Free” and we mean it.
-Michael Thiemann, Zebit CEO