Petal is a great choice for people who are new-to-credit because Petal doesn’t require a credit history to apply. However, when making credit approval decisions, we look at an applications digital financial record—if a credit report is available, it may factor into our credit approval decision. Applicants who have a history of missed payments or bankruptcy, for example, may not qualify for Petal.
You can check your credit report for free once per year from each of the three major credit reporting agencies at www.annualcreditreport.com. We encourage you to do this to make sure your reports are accurate. We also suggest contacting your primary bank, who may also offer you your credit score for free.