At a glance: OCHO Pay is the name for our car insurance financing.
➡️ As a marketplace, we offer our customers the best car insurance options from our selected insurance companies.
➡️ ️Once you choose an option you like and sign the paperwork, we pay for your insurance with a 0% APR loan.
Because it’s a 0% APR loan, we can offer you incredible benefits, only available at OCHO:
➡️ We lower the down payment for everyone. Insurance companies usually need a down payment of up to 50%.
➡️ You can pay us back in smaller payments that match your paycheck to help you budget.
➡️ We report your payments to the credit bureau. This is how we give you the tools to build your credit score, provided you make your payments on time.