This is a loan (as opposed to a line of credit) and offers several payment options and may even include an interest free option depending on your credit and other factors. If approved, a small down payment to Scratch Pay will be required, and the payment frequency and interest rate will be based on the agreed upon payment plan you were offered or chose. Applying for and Accepting the approved loan offer will not impact your credit. If the loan is not utilized, the down payment is returned.