No, checking your eligibility with Lendable will not impact your credit score. We’ll perform a ‘soft’ credit search with our partner, TransUnion, which will only be visible to you on your credit file, not to other lenders.
You may also see a soft search if you request a quote through a price comparison website like Experian; again, this is not visible to other lenders and won’t affect your credit score.
A hard search is only performed if you complete your application and accept the loan agreement. Hard searches may affect your credit score and your ability to obtain credit in the future.
For more information about your credit file, you can access your TransUnion file for free at www.creditkarma.co.uk.