No. SweetPay is a platform that matches personal finance lenders with applicants. SweetPay lending affiliates process and decide whether to loan money to SweetPay applicants.
SweetPay is a company built by experienced professionals with years of experience in the consumer finance and technology industry. SweetPay brings consumers, merchants, and financial institutions together to help consumers buy the large ticket products they want and need.
To apply with SweetPay lending affiliates through the SweetPay portal, your credit report is not pulled and your credit score is not affected. If and when SweetPay lending affiliates make a financing offer to you and should you accept such offer, that lending affiliate will then pull your credit report to process a loan.
SweetPay has multiple lender affiliates that approve a fairly wide range of credit scores, from prime to subprime. While your credit score is an important factor for SweetPay lender affiliates when evaluating your credit application, they look at more than just your score to render a credit decision.
When you submit an application through SweetPay, SweetPay submits your data to our lending affiliates real-time. Within seconds you will know whether one of our lending affiliates approved financing offer(s) for you or not. You will also receive an email notification with the result of our lender affiliates.
No. You do not have to accept the offer and can simply cancel the loan process.
Should you accept the offer, the lending affiliate who approved you will work directly with you to finalize the loan document and then deposit the funds via ACH directly into your designated account. This is usually done within 24 hours, so you can make arrangements to use your financing at one of SweetPay’s member stores.
SweetPay can be reached by phone at (434)422-4699 or by email – firstname.lastname@example.org.