How to get Credit Check for a Personal Loans

It depends in part on where you’ve applied. The peer-to-peer lenders do what’s known as a “soft pull” on your credit history to give you an indication of the interest rate on a personal loan, and whether you’re approved.

Peer-to-peer lending is one type of personal loan transaction. Don’t forget to compare rates at

Check your credit score

If you’re denied by a firm that did a “hard pull” on your credit report, the lender has to provide you with a notice of adverse action under the provisions of the Fair Credit Reporting Act (FCRA).

Since you appear to be at a loss as to why you were denied, your request for credit reads like it was done with a “soft pull” on your credit report. You can check your credit report and credit score for free using the Free Credit Check feature on this website. Checking your credit score doesn’t impact your credit score or credit history.

When your credit improves

With credit histories, time heals most wounds. While I’m not suggesting that you have to wait 7 years, most negative information drops off your credit report after 7 years.

Try again if your credit score improves, you’ve paid down some of your outstanding loan balances or you’ve celebrated a work anniversary, since the length of time in a job is a consideration in extending a personal loan.

You don’t have to accept the first offer you get for a personal loan. Shop around for the best rates at

When you’re ready to test the waters again, look for personal loan lenders that tell you upfront that they will only do a soft pull on your credit report, so you don’t hurt your credit score while you’re loan shopping.

Read more on how you can get a loan online Online Personal Loans