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Do you look at my personal credit score?

Yes—your personal credit score is an important factor in determining what you qualify for. But how much it matters depends on the type of funding you’re pursuing.

Written by WeLendIt Support
Updated over 2 weeks ago

💡 The Short Answer

👉 We do check your personal credit—but it’s a soft pull upfront, so there’s no impact to your score when you apply.

Your credit helps us determine:

  • What funding options you qualify for

  • How much capital you can access

  • Which pathway makes the most sense for you


🚀 For 0% APR Funding (Our Specialty)

Your personal credit is the primary factor.

This type of funding is based on:

  • Your FICO score (typically 680+)

  • Your existing credit accounts

  • Your overall credit profile

👉 The stronger your credit, the more:

  • Approvals you can receive

  • Total funding you can access

  • Favorable 0% terms you can secure


📊 For Other Funding Options

For business-based funding, credit still matters—but it’s not the only factor.

Merchant Cash Advance (MCA)

  • Credit matters less

  • Focus is more on revenue and cash flow

Term Loans / Lines of Credit / SBA

  • Credit is important

  • Combined with:

    • Time in business

    • Revenue

    • Financials


⚠️ Soft Pull vs. Hard Pull

  • Initial application:
    ✅ Soft pull (no impact to your credit score)

  • If you move forward with funding:
    ⚠️ A hard pull may be required depending on the lender and product

👉 You will always be informed before any hard inquiry happens


🧭 Why We Look at Credit

Your credit profile helps us:

  • Match you with the right lenders

  • Build a realistic funding strategy

  • Maximize what you can qualify for

👉 It’s not about approval vs. denial—it’s about finding the best path forward


🤝 What If My Credit Isn’t Perfect?

That’s okay.

If your credit isn’t strong enough for certain options:

  • We’ll show you alternative pathways

  • Help you access funding where possible

  • Guide you on how to improve your profile over time


🎯 Final Thoughts

Your personal credit score is a key part of the process—but it’s used to guide strategy, not limit you.

👉 The goal is to leverage your profile to access the most capital at the best terms possible


We’ll show you exactly what your profile qualifies for—without impacting your credit.

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