What happens to my credit score if I use Splitit?

As Splitit uses your existing credit on your credit card, rather than new credit, there is nothing for us to report back to credit reference agencies so your credit score is unaffected.

Your card provider simply sees the individual installment charges each month. If one of your payment authorizations or payments is declined, there is still no effect on your credit rating; it is simply a declined charge. 

If you use your credit card to pay your installments, we help you keep the amount you owe on your credit card down as your credit card company only bills you for your monthly Splitit installment charges rather than the whole amount owed.