PayTomorrow Credit Types
What financing product will PayTomorrow offer you? Complete guide to all credit tiers — from prime installment loans to no-credit lease-to-own.
PayTomorrow's waterfall system automatically matches your credit profile to the appropriate lender tier. Here's exactly what each tier means, what product you'll receive, and what you can do to improve your tier over time.
| Tier | Score Range | Product | APR Range | Max Term | Max Amount |
|---|---|---|---|---|---|
| 🟢 Prime | 720+ | Installment Loan | 9.9% – 18.9% | 48 months | $25,000 |
| 🟡 Near-Prime | 620–719 | Installment Loan | 18.9% – 29.9% | 48 months | $25,000 |
| 🟠 Subprime | 580–619 | Installment or LTO | 29.9% – 49.9% | 36–48 months | $10,000 |
| 🔴 Poor / No Credit | Below 580 | Lease-to-Own | Lease rate | 12–24 months | Varies |
Moving from one tier to the next can save you hundreds in interest. The most impactful steps:
Yes. PayTomorrow uses a soft pull at the pre-qualification stage — this does NOT affect your credit score and does NOT appear on your credit report. A hard inquiry only occurs when you formally accept a specific lender's offer.
PayTomorrow and lenders in its network may pull from any of the three major bureaus — Experian, Equifax, or TransUnion — or from specialty consumer reporting agencies. The specific bureau used depends on which lender in the waterfall makes the offer. You cannot request that a specific bureau be used.
Yes, through lease-to-own providers in PayTomorrow's network. LTO providers have no credit score minimum and instead evaluate income, employment stability, and bank account history. At a 500 score, you're most likely to receive an LTO offer rather than an installment loan.
Understanding which credit tier you fall into before applying to PayTomorrow helps you set realistic expectations about the product type and APR range you will likely receive. Subprime and deep subprime borrowers should plan around receiving a lease-to-own offer and factor the early payoff option into their decision — it is the key tool for managing total cost when installment loan approval is not available. Use our payment calculator to model costs at different APR tiers before you apply.