What is Credit Key?

Credit Key is a pay-over-time provider.  You can sign up and extend a single order from 30 days to 12 months, with a simple flat 1% per month interest rate.

To signup for an account: https://www.creditkey.com/app/apply/discounthydraulichose

How does the application process work?

Credit Key’s application process is simple and does not affect your personal credit. Applications are online through any of our partner merchants. You provide details about yourself and your business. Most customers are approved in seconds.

Are there any setup charges or ongoing fees?

No, Credit Key does not change any setup fees. If you choose to go beyond 30 days, you can be approved as low as 1% per month.

Will my application impact my FICO/credit score?

Applying for Credit Key is a “soft inquiry.” This does not impact your FICO®/credit score.

Am I eligible for Credit Key?

To be eligible for Credit Key credit, you will need to:
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+ Be an individual applying under your own name
+ Owner/Signatory of business in application
+ Be a U.S. citizen or resident, of minimum signing age in your state of residence
+ Have a FICO®/credit score of 600 or above
+ Have a total annual business income of $40,000 or more
+ Provide your Social Security Number 
+ Have a nominated bank account or debit card for repayments.

Credit Key is not available at this time for individuals who are not owners/signatories of a sole proprietorship, company, partnership, corporation, or institutions.

What is my credit limit?

Credit Key offers limits up to $50,000. Once you've qualified, you can use Credit Key for all of your business purchases, up to your maximum. You only pay for the credit you use, and the first 30 days is always free.

Credit Key is a responsible credit provider so exactly how much you are able to borrow will depend on a number of factors that we assess including your gross annual revenue, credit history, and your ability to repay. The maximum outstanding balance you can have with Credit Key at any one time is $50,000. This may be spread across multiple purchases.

How many repayments will I need to make?

Payments can be approved to extend up to 12 months. Routine, monthly repayments will occur until the balance is paid off.  Once you've qualified, you can use Credit Key for all of your business purchases, up to your maximum. You only pay for the credit you use, and only beyond 30 days.

How are repayments made?

Your repayments will be made through your bank account. You will be given instructions to setup your bank on your CreditKey.com dashboard upon your application being approved. An automatic bill payment will be issued and scheduled to transfer the funds on a predetermined date to pay a recurring bill. Automatic bill payments are routine payments, until the balance is paid off.

I froze my personal credit. Will this affect my application process?

Yes, if your personal credit is currently frozen, we are unable to move forward with your Credit Key application at that time.
Here is what you will need to do:

1) Please call Equifax: (800) 349-9960
2) Ask Equifax to unfreeze your personal credit (temporarily, if you wish).
3) Call us at Credit Key: 1-844-334-3636 -or- Email us: support@creditkey.com
4) Let us know your credit is now unfrozen.

We will review your application at that time.

For additional questions or support - please visit https://www.creditkey.com/support