Updated September 28, 2026 · BorrowCue Editorial Team
Addi vs Sezzle
Where Addi and Sezzle differ
| Compare |  Addi |  Sezzle |
|---|---|---|
| APR | 0% to 29.14%Lower | 45% |
| Term | 1 to 6 monthsHigher | 1.5 months |
| Arrangement fee | 0 COP (no handling fee) | $0 to $7.49 finance charge (service fee) charged at loan origination |
| Credit check | Hard | Soft prequal |
| Funding time | Credit applied for in minutes; the purchase is paid directly to the merchant at checkout | Immediate: Sezzle pays the merchant in full for the order as soon as the order is placed |
| Loan types | BNPL, Credit line | BNPL, Personal |
| Loan amount | Not confirmed | from $20 |
| Representative example | Not confirmed | Pay in 4: $300 loan, $75 down payment today, then 3 payments of $75 every two weeks at 45.0% APR, total payments $307.49 including a $7.49 service fee |
| Free early repayment | Yes | Not confirmed |
| Eligibility | Not confirmed | 18 years or older, US or Canadian resident with a mobile number that receives texts, verifiable email and a non-prepaid debit or credit card |
Same on both: Rate type (Fixed), Lender type (Direct lender).
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Key differences
- Addi scores higher overall: 9.3 vs 8.7.
- Sezzle is available in 1 more country.
- APR is lower at Addi: 0% to 29.14% vs 45%.
- Term is higher at Addi: 1 to 6 months vs 1.5 months.
- Support channels: only Addi offers Community.
- Loan types: only Addi offers Credit line.
- Loan types: only Sezzle offers Personal.
Our verdict on each
Addi
Addi suits Colombian shoppers who want a credit line or pay-later plan at checkout rather than a cash loan. The costs are modest: fees of 0 COP (no handling fee) and an annual rate of 0% to 29.14%, with borrowing that a hard credit check sits behind.
Sezzle
Sezzle turns a shop into a down payment at checkout and the rest in short instalments, which suits shoppers spreading a modest basket over weeks. The trade-off is the 45% APR plus a service fee at order placement, so it works for smaller orders rather than large ones.
Score breakdown
| Area | Addi | Sezzle |
|---|---|---|
| Cost | 9.5Higher | 8.2APR of 45% plus a service fee at origination sits above cheaper rivals, and the plan clears in 1.5. |
| Offer | 9.0Higher | 8.5A soft prequal check, a fixed rate, and the merchant paid in full the moment the order is placed. |
| Trust | 9.2 | 9.2 |
Licences and countries
| Country | Addi | Sezzle |
|---|---|---|
| United States | Not confirmed | CA Department of Financial Protection and Innovation 60DB0-104155 CT Department of Banking SLC-1950862 ID Department of Finance RRL-10465 IA Division of Banking 88893690 KS Office of the State Bank Commissioner SL 0027045 OH Department of Commerce SL 400383000 RI Department of Business Regulation 20224428LL SD Division of Banking 1950862MYL WY Division of Banking CL 4854 |
Additional countries for Addi: 1. Additional countries for Sezzle: 2.
Side by side, item by item
| Loan types | Addi | Sezzle |
|---|---|---|
| Personal | No | Yes |
| Credit line | Yes | No |
| BNPL | Yes | Yes |
Positions in our rankings
| Ranking | Addi | Sezzle |
|---|---|---|
| Buy now, pay later | 12 of 88 | 5 of 88 |
Sources behind this comparison
Addi
- co.addi.com: 14 facts, checked September 26, 2026
Sezzle
- investors.sezzle.com: 5 facts, checked September 26, 2026
- legal.sezzle.com: 5 facts, checked September 26, 2026
- shopper-help.sezzle.com: 3 facts, checked September 26, 2026
- sezzle.com: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Addi | Sezzle |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Credit line | Not confirmed |
| Legal entity | Adelante Soluciones Financieras S.A.S. | Sezzle Inc. |
| Headquarters | Colombia | United States |
| Support channels | Email, Phone, Help centre, CommunityCovers more | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Addi | Sezzle | Median |
|---|---|---|---|
| APR | 0% to 29.14%lowest quarter | 45%highest quarter | 8.99 |
| Loan amount | Not confirmed | from $20lowest quarter | $35,000 |
| Term | 1 to 6 monthslowest quarter | 1.5 monthslowest quarter | 60 |
Median across 1005 listed lenders.
Pros and cons
Addi
Pros
- The purchase is paid straight to the merchant at checkout, so credit is applied for in minutes
- Fees of 0 COP (no handling fee), so there is no handling charge on the credit or the line
- Fixed rates, with a fixed structure rather than a variable one
Cons
- The application runs a hard credit check, so a declined application shows on the credit file
- Repayment terms run 1 to 6, which is short for anyone wanting a longer period
- The top of the annual rate range is high at 0% to 29.14%, so cost varies sharply with the borrower
Sezzle
Pros
- The merchant is paid in full as soon as the order is placed, so nothing is held back while you clear instalments.
- Checking is a soft prequal search, a lighter touch on your file than a full credit application.
- Support runs on email, phone and help centre, with both phone and email listed.
Cons
- The 45% APR is steep, while buy now pay later listings on this site sit at 2.1%.
- Support runs on email, phone and help centre only, with live chat absent from the listed channels.
- Eligibility asks for a minimum age, a US or Canadian residence, a mobile number that receives texts, a verifiable email and a non-prepaid card, which narrows who can apply.
Who each suits
Addi
Who it suits
- Colombian shoppers splitting a purchase at checkout rather than taking a cash loan
- People who want a reusable credit line open alongside a pay-later plan
- Borrowers with a good credit file who pass a hard check and settle early
Who should look elsewhere
- Anyone who needs money paid into a bank account, as the purchase is paid to the merchant at checkout
- Borrowers who need a longer repayment period than 1 to 6
- People who cannot pass a hard credit check
Sezzle
Who it suits
- Shoppers splitting a modest basket who prefer to keep the whole order off a card.
- People who need the order funded straight away, since the merchant is paid in full as soon as the order is placed.
- US or Canadian residents with a verifiable email and a non-prepaid card who meet the minimum age.
Who should look elsewhere
- Shoppers after a cheaper personal loan: Monzo Flex lists 10% to 23% against 45% at Sezzle.
- Borrowers who want a longer repayment window, since the 1.5 schedule finishes far sooner than a personal loan term.
- Anyone wanting an interest-free alternative: Cashspace ES lists 0%.
Current offers
Addi
Current offer
Bonus
Minuto Ganador 2026: Bonus worth 100% of your purchase
Request your Cupo and buy in installments; every 5 minutes there is a winner
Source, checked September 26, 2026
Bonus
0% interest in up to 3 installments: 0% interest for eligible customers
Subject to transaction eligibility criteria set out in the 0% interest T&C
Source, checked September 26, 2026
Sezzle
Current offer
Bonus
Sezzle giveaways: over $150K in prizes given away, win $2,000 in Sezzle Spend
entries made in the Sezzle app; eligibility criteria apply
Source, checked September 26, 2026
Country by country
| Country | Addi | Sezzle |
|---|---|---|
| Canada | No | Yes |
| Colombia | Yes | No |
| United States | No | Yes |
Questions about each
Addi
What does Addi cost to borrow?+
The published annual rate runs 0% to 29.14%, and there is a handling fee of 0 COP (no handling fee). Rates are fixed, so the cost of a plan does not drift while the balance is open. Early repayment carries no charge, which means settling sooner reduces the amount paid overall.
Is there a fee for opening a credit line?+
No handling fee applies: 0 COP (no handling fee) is what is listed for the credit and the line. The ongoing cost is interest, set on a fixed basis rather than a variable one, so the rate quoted at the start holds for the life of the plan.
Sezzle
What does a Sezzle plan cost?+
A service fee is charged when the plan is created, on top of the 45% APR. The worked example pairs a down payment at checkout with the balance repaid in equal instalments, and the service fee is added to the total. Budget for the instalments and the fee together.
How does that APR compare with other lenders here?+
Sezzle charges 45% APR on fixed terms. Personal loan listings on this site sit at 12%, so a short instalment plan here costs well above a typical personal loan rate. The rate is fixed, so the instalment amount holds for the life of the plan.