When checking eligibility, Wisetack and its lending partners perform a soft credit pull, which means that your customer's credit score will not be affected. However, accepting a financing offer can affect credit, and repayment behavior will also affect credit.
Your customer can learn about the difference between a soft versus hard credit check here.
Paying back on time can have a positive effect on a credit score while paying late will have a negative effect. It’s easy for customers to set up automatic payments to ensure on-time payments and help build a positive credit history.