Sezzle does conduct a credit check when you apply for a payment plan. However, it is important to note that this credit check is considered a soft credit pull, which means it does not have any impact on your credit score. Soft credit pulls are different from hard credit pulls, which are typically done by lenders when you apply for credit and can potentially affect your credit score.
The purpose of the soft credit pull is for Sezzle to assess your creditworthiness and determine your eligibility for a payment plan. This helps them ensure that you are able to make the necessary payments on time and manage your finances responsibly. It also helps Sezzle determine the appropriate credit limit for you, based on your credit history.
It’s worth mentioning that Sezzle does not have a minimum credit score requirement to use their service. This means that even if you have a less than perfect credit score, you can still be eligible to use Sezzle for your purchases. They take into consideration various factors beyond just your credit score, such as your income and spending habits, to make their decision.
In my personal experience, I have found that Sezzle’s credit check process was quick and hassle-free. I applied for a payment plan and within minutes, they were able to provide me with a decision on my eligibility. The fact that it was a soft credit pull gave me peace of mind, knowing that it wouldn’t negatively impact my credit score.
While Sezzle does conduct a credit check, it is important to remember that it is a soft credit pull and does not affect your credit score. Additionally, Sezzle does not have a minimum credit score requirement, making it accessible to a wide range of individuals.