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Will applying for an MCA impact my credit score?

Learn how your credit score may be affected by applying for an MCA and what to expect.

WeLendIt Support avatar
Written by WeLendIt Support
Updated over 6 months ago

Applying for an MCA with We Lend It typically does not impact your credit score in a significant way. Our initial review often involves a soft credit pull, which doesn’t lower your score.

  • We use a soft credit inquiry for most applications.

  • Soft inquiries do not appear on your credit report in a way that lowers your score.

  • If you decide to proceed and sign a funding agreement, a hard pull may be done by the final funder—but this happens only when you move forward with funding.

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