Terms and Conditions

Last Updated: December 16, 2025

1. Agreement to Terms

By accessing or using Scratch Lending's services, you agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

2. Lending Platform

Scratch Lending is a financial technology platform that connects borrowers with third-party lending partners. We do not make loans directly. All loans are made by our licensed lending partners, and each loan is subject to the lending partner's terms and conditions.

3. Eligibility Requirements

To be eligible for financing through Scratch Lending, you must:

  • Be at least 18 years of age
  • Be a U.S. citizen or permanent resident
  • Have a valid Social Security number
  • Have a valid bank account
  • Have a verifiable source of income
  • Meet our lending partners' credit requirements

4. Credit Checks and Authorization

By submitting an application, you authorize Scratch Lending and its lending partners to:

  • Obtain your credit report through a soft credit inquiry for eligibility checking (does not affect credit score)
  • Perform a hard credit inquiry if you accept a loan offer (may affect credit score)
  • Verify your identity and employment information
  • Contact you via phone, email, or SMS regarding your application

5. Loan Terms and Rates

Loan terms, interest rates (APR), and fees vary based on:

  • Your creditworthiness
  • The loan amount requested
  • The repayment term selected
  • The specific lending partner providing the loan

Representative APR ranges from 5.99% to 35.99%. All rates, terms, and fees will be clearly disclosed before you accept any loan offer. You are under no obligation to accept a loan offer.

6. Repayment

Repayment terms range from 3 to 24 months, depending on your loan agreement. You agree to make all payments on time according to your loan agreement. There are no prepayment penalties for paying off your loan early.

7. Late Payments and Default

Late payments may result in late fees and may be reported to credit bureaus, which could negatively impact your credit score. Continued non-payment may result in default, collection actions, and additional fees as outlined in your loan agreement.

8. Data Privacy

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your personal information.

9. Modifications to Terms

We reserve the right to modify these Terms and Conditions at any time. Changes will be effective immediately upon posting to our website. Your continued use of our services after changes are posted constitutes acceptance of the modified terms.

10. Governing Law

These Terms and Conditions are governed by the laws of the United States and the state in which the lending partner is located, without regard to conflict of law provisions.

11. Contact Information

If you have questions about these Terms and Conditions, please contact us at:

Email: support@scratchlending.com
Phone: 1-800-SCRATCH

Important Disclosures

  • Representative Example: For a loan of $1,000 with a 12-month term at 15% APR, you would make 12 monthly payments of approximately $90.26, for a total repayment amount of $1,083.12.
  • 0% APR Promotion: 0% APR is available only for qualified borrowers on select terms (typically 6 months or less). Not all applicants will qualify. Standard APR rates apply to longer terms.
  • Credit Score Impact: Checking your rate involves a soft credit inquiry that does not affect your credit score. If you accept a loan offer, a hard credit inquiry will be performed, which may temporarily impact your credit score.