What is a soft search loan?
Soft credit check loans let us check your eligibility to borrow without leaving a mark on your credit footprint. Instead, when you submit your application, we run a soft check to see whether the loan is right for you. Only you can see this search.
Applying for a loan can be a stressful process, especially if you’re worried about your credit history or the risk of rejection. Lenders often require a ‘hard’ credit search to check your eligibility to borrow, which can leave a footprint on your file for other lenders to see.
But we understand that too many applications like these can bring down your credit score and make it tougher to find the credit you need. That’s why we offer soft search loans.
We’ll only follow up with a hard check if your initial application is successful, so you don’t have to worry about the outcome affecting future loan applications.