Apply for Cherry Financing

3 Simple Steps to Apply

Fill Application

Complete our quick 2-minute online application with basic personal and financial information. The process is 100% digital and mobile-friendly.

Get Instant Decision

Receive your approval decision in 30 seconds or less. See your approved amount and available payment plan options immediately.

Choose Your Plan

Select the payment plan that fits your budget. Schedule your procedure and start your transformation with confidence.

Documents You'll Need

Have these ready for a faster application process

Valid Government-Issued ID - Driver's license, state ID, or passport
Social Security Number - Required for credit check and identity verification
Proof of Income - Recent pay stub, tax return, or bank statement
Bank Account Information - For automatic monthly payments
Current Address - Utility bill or lease agreement for verification
Employment Information - Current employer name and contact details

💡 Pro Tip

Having all documents ready before starting your application can reduce approval time from minutes to seconds!

Approval Criteria

Cherry evaluates multiple factors to determine your eligibility

Credit Score

While not the only factor, a score above 550 significantly improves approval odds. Cherry considers applicants with various credit profiles.

Income Verification

Stable, verifiable income is essential. Cherry accepts various income sources including employment, self-employment, and retirement.

Debt-to-Income Ratio

Your existing debt compared to income matters. Lower ratios improve approval chances and may secure better rates.

Credit History

Length and quality of your credit history are considered. Recent positive payment history strengthens your application.

Approval Timeline

Most applications are processed instantly

⚡ Instant (90% of cases)

Clear credit profiles receive immediate approval decisions within 30 seconds of submission.

⏱️ 1-2 Hours (8% of cases)

Some applications need additional verification. You may be asked to provide supplementary documentation.

📋 1-2 Business Days (2% of cases)

Complex financial situations may require manual review by Cherry's underwriting team.

Tips to Increase Your Approval Chances

Check Your Credit Report - Review for errors and dispute any inaccuracies before applying
Pay Down Existing Debt - Lower debt-to-income ratio improves approval odds
Provide Accurate Information - Inconsistencies can delay or deny approval
Apply During Business Hours - Faster verification if additional documents needed
Have Stable Employment - At least 3-6 months at current job preferred
Maintain Active Bank Account - Shows financial stability and responsibility
Consider a Co-Applicant - Adding someone with good credit can improve approval
Start with Realistic Amount - Apply for what you need, not the maximum possible

Important Note

Cherry performs a soft credit inquiry during the pre-qualification process, which does NOT affect your credit score. A hard inquiry only occurs when you accept a loan offer and proceed with financing.

What Happens After Approval?

Once approved, you'll:

Receive your approved financing amount instantly
Review and select from available payment plan options
Sign the loan agreement electronically
Cherry pays your healthcare provider directly
Schedule your procedure without delay
Begin making monthly payments according to your chosen schedule

You'll have access to Cherry's patient portal where you can manage payments, view your balance, and adjust payment dates if needed.