How does applying for a loan affect my credit?

Checking your rate with Apple Bank will not affect your credit score.    When you check your rate, we make a “soft credit inquiry."   Soft credit inquiries on your report do not lower your credit score, but you may see an inquiry when you view your report.  

If you complete the application process, we will perform a “hard credit inquiry.”  This action will be recorded as an inquiry on your report and may impact your credit score.

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