Q: Will Skills Fund check my credit?


Yes. Skills Fund will conduct an initial soft credit check so you can see the rates, terms, and payments you pre-qualify for. Unlike hard credit checks, soft credit checks do not appear on your credit report and will not impact your credit score.

After you preview your rates, you can choose a loan option and continue your application. If you continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit check. Before we conduct a hard credit check, the application will ask for your consent. No surprises here!