Compare Sunbit with other popular financing options to find the best fit for your needs
| Feature | Sunbit | CareCredit | Affirm | Cherry | Klarna |
|---|---|---|---|---|---|
| Approval Rate | ~90% | ~85% | ~80% | ~85% | ~80% |
| APR Range | 0-35.99% | 26.99%+ | 0-36% | 0-35.99% | 0-29.99% |
| Max Loan | $20,000 | $25,000 | $17,500 | $50,000 | $10,000 |
| Credit Check | Soft | Hard | Soft | Soft | Soft |
| Approval Time | 30 seconds | 1-2 minutes | Instant | Instant | Instant |
| Late Fees | None | Up to $41 | None | None | $7-$15 |
| Partner Locations | 23,000+ | 250,000+ | 200,000+ | 15,000+ | 400,000+ |
| Best For | Auto, Dental, Vet | Medical/Dental | Retail/Healthcare | High-cost Healthcare | Retail/E-commerce |
Choose Sunbit if: You have fair or poor credit, want to avoid hard credit checks, need fast approval, and primarily need financing for auto repairs or dental care at their partner locations.
Choose CareCredit if: You have good to excellent credit (640+), need a higher loan amount, want more merchant options, and don't mind a hard credit check for potentially better rates.
| Category | Sunbit | Affirm | Winner |
|---|---|---|---|
| Approval Rate | ~90% | ~80% | Sunbit |
| Transparency | Good | Excellent | Affirm |
| Merchant Network | 23,000 (Services) | 200,000+ (Retail) | Affirm |
| Service Focus | Dental, Auto, Vet | Retail, Some Healthcare | Sunbit |
| Max Loan | $20,000 | $17,500 | Sunbit |
| Merchant Fees | ~5% | ~6% | Sunbit |
Choose Sunbit if: You need financing for essential services (dental, auto, vet, medical) and want higher approval rates with slightly higher loan limits.
Choose Affirm if: You're shopping for retail goods, value complete transparency with rates shown upfront before purchase, and want more merchant options for online shopping.
Choose Sunbit if: You need financing under $20,000 for dental, auto, or vet services with the highest approval rate and multi-industry flexibility.
Choose Cherry if: You're planning major medical procedures costing $20,000-$50,000, such as plastic surgery, extensive dental work, or medical aesthetics, and want healthcare-specific features.
Winner: Klarna for retail, Sunbit for services
Klarna excels in retail and e-commerce with 400,000+ merchants. Sunbit is superior for essential services like dental and auto repair with specialized terms and higher approval rates for service-based purchases.
Winner: Sunbit for flexibility
Afterpay's 4-payment model works well for small purchases but caps at low amounts for new customers. Sunbit offers much more flexible terms (3-72 months) and higher loan amounts ($50-$20,000).
Winner: Similar, Sunbit slightly better network
Both focus on service industries. Sunbit has more partner locations (23,000 vs 15,000) and slightly higher approval rates. Wisetack may offer better terms for home services specifically.
Winner: Credee for poor credit
Credee requires no credit check whatsoever, making it ideal if you've been denied elsewhere. However, Sunbit has broader merchant network and typically offers better rates for those with fair+ credit.
🏆 Choose Sunbit if you:
💳 Choose CareCredit if you:
🌟 Choose Cherry if you:
🛍️ Choose Affirm if you: