Tag lending process

Credit Score

Does Prequalification Impact Your Credit Score?

Prequalification does not affect your credit score. This initial step in the lending process is a soft inquiry, which means it won’t show up on your credit report or influence your score. When you prequalify for a loan, you provide…

Hannah Edwards
January 14, 2026

Credit Score

Does Pre-Qualification Affect Your Credit Score?

Pre-qualification does not impact your credit score. This initial process typically involves a soft inquiry, which is different from a hard inquiry that can lower your score. By understanding the nuances of pre-qualification, you can navigate the lending landscape more…

Hannah Edwards
January 7, 2026