Wisetack and its lending partners perform a soft credit pull, which means that your customer’s credit score will not be affected by checking their financing options.
Accepting a financing offer can affect credit, and repayment behavior will also affect credit.
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.