To determine if a loan offer will be made to you, SweetPay lending affiliates make a “soft credit pull” that does not initially affect your credit score. If you choose to accept such loan offer, that lending affiliate will then make a “hard credit pull” on your credit report in order to verify information for the loan and this may have a small impact on your score.
Does using SweetPay affect my credit score?
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About the Author: David Weyher
David has developed extensive experience in technology, retail, and consumer finance. SweetPay is his latest venture in these areas, designed specifically to help small businesses compete more effectively with consumer finance offerings. Previously, David founded and is currently Chairman of LendPro LLC, the innovator and leader in consumer credit waterfall technology platforms. LendPro was conceived in 2011 from his retail showroom floor kiosk business, Showroom Technology. He has worked with and sold consumer lending solutions to thousands of retailers, from Top 100 home furnishings chains to small regional stores. David also has held leadership positions with several large, publicly-traded software companies.
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