PLEASANTON, CA – July 28, 2014 – Theradome®, manufacturer of the first and only FDA cleared, over-the-counter hair restoration device, Theradome® LH80 PRO laser helmet, announced today that their hair-loss treatment device is now available to consumers via a monthly payment plan. The company has partnered with Affirm, a new consumer finance service that offers the power of installment payments to consumers at the point of sale, through their Split Pay service. Using Split Pay, online shoppers can make a purchase and pay across multiple months with simple, clear financing fees at a fraction of credit card interest rates.
Our mission at Theradome® has always been to provide the safest and most effective hair restoration treatment that is convenient to use at an affordable price, says Tamim Hamid, founder and CEO of Theradome®. The availability of our product on Affirm is another step toward making Theradome® LH80 PRO more accessible and affordable to the public.
Theradome® LH80 PRO laser helmet, FDA cleared and launched last year, uses 80 proprietary lasers packaged into a wearable helmet that deliver Low Laser Light Therapy (LLLT). LLLT has demonstrated in many clinical trials to reduce hair loss, add volume, luster and length to hair and promote new hair growth. The device marks a major technological breakthrough in hair restoration because, unlike previously available forms of LLLT which required hefty payments and multiple visits to a clinic, consumers can conveniently use Theradome® LH80 PRO in the comfort of their home at a fraction of the costs of in-clinic treatments.
Availability of Theradome® LH80 PRO via Affirm has reduced consumer costs even further by reducing finance charges associated with credit card transactions. With Affirm, there are no exorbitant interest rates, convoluted terms in small type, or surprises. Instead, Affirm charges consumers fees as low as 6 percent depending on their payment history and dollar amount being financed. The finance fees are clearly built into every payment notice.
According to an Affirm spokesperson, We’re excited to work with Theradome®. The benefits they provide are incredibly important to customers, and we hope Affirm can help anyone interested get a Theradome® device for hair restoration treatment.
For those opting to use Affirm services, approvals are fast and simple. Affirm uses the power of big data to make better, faster financing decisions about shoppers at the point of purchase. The only information a first-time user provides is top-of-mind facts such as his/her name, mobile phone number, email address, the last four digits of a social security number and birth date. Once approved, there is no user name or password to remember for future use.
We’ve received many inquiries about payment plans from interested customers, says Hamid. The option to conveniently purchase Theradome® over time at costs much less than those associated with a credit card will allow more people to benefit from next-generation hair restoration therapy.
Theradome® is a medical device company located in Silicon Valley, Calif. focused on laser-based hair restoration therapies. The company is committed to bringing therapies previously only available in a clinical setting into the home. Theradome’s technology has demonstrated in clinical trials the ability to stop hair loss, thicken existing hair and grow new hair for a fraction of the price of a visit to a clinic. For more information, please visit www.theradome.com.
Theradome Media Representative
Affirm is reimagining financial services from credit cards to deposit banking. Starting with an amazingly simple, new way to get affordable financing at the online point of sale, Affirm lets shoppers pay for purchases across multiple months with transparent, fairly-priced fees built into every payment, and boosts conversion and basket size for eTailers at less than the cost of credit cards. Created in 2013 by PayPal Co-founder Max Levchin, Palantir Co-founder Nathan Gettings, and ngmoco Chief Data Officer Jeff Kaditz, Affirm is based in San Francisco.
To start working with Affirm go to affirm.com.
Business contact: Brad Selby
Media contact: Lisa Tarter