Soft-search eligibility checks are useful — and widely misunderstood
An eligibility check will not damage your credit file. It also does not commit a lender to anything, and the percentage it shows you is not a promise.
An eligibility check will not damage your credit file. It also does not commit a lender to anything, and the percentage it shows you is not a promise.
The advertised rate must be available to just over half of successful applicants. Almost everyone reads it as the rate they will be offered.