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Does the platform run a credit check, and is it a soft or hard pull?

How credit checks work on a deal, who runs them, and when a hard pull can happen.

Written by Kaylan Pepin

The platform does not pull credit. Nothing we do triggers a credit check.

On the intake form your client self-reports their credit range. That range is one of the inputs used for matching, and it is not a credit check.

Any actual credit check is run by the lender, on their own process. Whether a submission triggers a soft pull or a hard pull, and when, is up to that lender. Ask the lender when a hard pull happens on their file so you can tell your client accurately.

This is not advice about your client's credit file.


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