Your Credit Rating and SAPI Loans

Receive a loan offer through SAPI and wonder if applying could affect your credit rating? Review the questions below.

Does applying for a SAPI loan affect my credit score?

No, applying for a SAPI loan doesn’t affect your credit score.

Does my credit score impact my eligibility?
No, SAPI loan offers are based on processing and account history. For additional details about our eligibility process, take a look at SAPI Loan Eligibility FAQ.
Does SAPI loan help me build my credit score?

No, a SAPI loan doesn’t impact your credit score, either negatively or positively. We can provide a letter of completion after full repayment of your loan, but you will not see an impact to your credit score.

I have a loan with SAPI. Will you provide a letter of reference?
We don’t provide credit references. We apologise for any inconvenience.
Once my loan is complete, will I receive a letter of confirmation?
We don’t automatically supply a letter of completion, but our team can provide one if requested. Please contact us to start your request.

Loans Statement

All loans are issued by SAPI Group Limited. Companies House No. 12014174. Valid bank account is required. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. Eligibility criteria include consistent and continuous payment card processing. All loans are subject to credit approval. Terms and conditions apply.

Related Topics

SAPI Loans

Loans Eligibility

Information Requested by SAPI Loans

Loans Repayment

Business Sold or Closed

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