Do you pull my credit when I apply for a Flexloan™?
Yes. There are two types of credit pulls during the Flexloan™ application process:
- Soft credit pull: This is used to determine your pre-qualification and does not impact your credit score.
- Hard credit pull: If you're approved and choose to finalize your Flexloan, a single hard pull is performed. This pull remains on your credit report for up to two years, but typically has only a minor, short-term effect on your score.
The hard pull only occurs once. After activation, we may perform periodic soft pulls (every 45 days) to monitor your credit.
