No. Splitit charges your credit card every month as a regular installment reimbursement. Before you are able to check out your order, Splitit will verify with your credit card issuer that you have the full amount of your purchase available in funds (it will not block or reserve the funds, it will only verify that they exist). Splitit goes a long way in ensuring that you don’t have to commit a large sum of money at once, while at the same time ensuring that we as a merchant will get paid. At this time, however, it does not extend to loan financing options (we may implement this in the future).