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Shopping for personal loan

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
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Shopping for personal loan

If I get few HP within coiple of weeks, while shopping for PL, will they be somehow merge into one HP on my credit report, like they do that in cases for shopping for auto loan or mortgage loan?

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Re: Shopping for personal loan


@k1rbdt wrote:

If I get few HP within coiple of weeks, while shopping for PL, will they be somehow merge into one HP on my credit report, like they do that in cases for shopping for auto loan or mortgage loan?


I don't beleive they combine HPs for personal loans like they do for car or home loans. But must major personal loan sites will quote you a rate & terms with a soft pull, they only HP when you accept the quote & apply. I had a Prosper loan a couple years ago and that's how it worked for me.

 

And welcome to MYFico Forums!


Fico 08: 720/721/719 TU/EX/EQ
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New Member

Re: Shopping for personal loan

Thank you for the info.

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