Your Credit Score and Square Loans FAQ
If you received a Square loan offer and you’re wondering if applying could affect your credit score, review the questions below.
No, Square loan offers are based on processing and account history. For additional details about our eligibility process, take a look at Square Loan Eligibility FAQ.
No, a Square 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.
We don’t automatically supply a letter of completion, but our team can provide one if requested. Please contact us to start your request.