ScratchPay vs Traditional Options

Feature ScratchPay CareCredit Credit Card Personal Loan
Approval Time 5 minutes 15-30 minutes Variable 1-7 days
Credit Check Impact Soft inquiry (no impact) Hard inquiry Hard inquiry Hard inquiry
0% Interest Options
Considers Beyond Credit Score
Prepayment Penalty None None None Sometimes
Application Fee $0 $0 Variable $25-$100
Annual Fee $0 $0 $0-$500 $0
Specifically for Veterinary Care
Available Amount $250 - $10,000 $200 - $25,000 Variable $1,000 - $50,000
Payment Terms 3-24 months 6-24 months Revolving 12-84 months

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