Lender
3.6
/ 5
Sunbit Review
Update 17.10.2024
Sunbit Review: Features, Rates, Requirements, and Customer Feedback of 2025

Information

Sunbit is a financial technology company founded in 2016 that offers pay-over-time solutions. You can split purchases into installments with over 10,000 merchants across automotive, dental and retail. Sunbit provides customized financing even for those with little to no credit history by using proprietary algorithms that look beyond traditional credit scores.
Legal name
Sunbit
Short name
Sunbit
Legal address
10940 Wilshire Blvd #1850 Los Angeles, CA 90024-3943

About Lender

Sunbit is a financial technology company founded in 2016 that offers pay-over-time solutions to help consumers buy more affordably. Across industries including automotive, dental and retail, Sunbit provides financing options so customers can split their purchases into multiple payments with custom interest rates and terms. This way consumers can budget for big expenses and avoid debt.

Sunbit’s technology integrates with merchant systems so businesses can offer financing to a wider range of customers, including those with no credit or little credit history. With proprietary algorithms that look beyond credit scores, Sunbit has partnered with over 10,000 merchants. They are most popular in the automotive space where customers need financing for repairs or maintenance. In addition to pay-over-time solutions, Sunbit also offers a no-fee credit card because they want to give customers options to achieve their financial goals.

sunbit review

Key Features

    • Custom Payment Plans. Sunbit offers custom payment plans to the customer. This means the customer can choose the payment term and interest rate that works for them.

    • No Hidden Fees. Sunbit is transparent and has no hidden fees. The interest rate and terms are disclosed to the customer before they agree to the financing.

    • Merchant Integration. Sunbit’s technology integrates with merchant systems so businesses can offer financing to their customers.

    • 10,000+ Partnerships. Sunbit has partnered with over 10,000 merchants across automotive, dental and retail. So customers can get financing for any purchase.

Pros and Cons

Pros

Cons

04.02.2022
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Update 17.10.2024
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