Does WeFixMoney check credit? Credit is not a primary consideration for funding, yet credit checks could be performed by the lender.
You may have heard the ad on radio or tv. “You don’t need perfect credit!” Yet, it’s still confusing: does WeFixMoney check credit?
However, WeFixMoney operates as a service that connects consumers with lending partners. We are not lenders. We just make sure customers, like you, do not have to visit multiple lenders only to get denied.
WeFixMoney is a one-stop shop. Our customers visit us and we search our network to see if any of our partners could work with you (that is someone in your state, with your income type, your income amount, etc)
Once you are approved and have a lender, your lender could perform a standard credit check or consumer report from the major credit bureaus such as Equifax or Transunion.
Does WeFixMoney check credit?
No. WeFixMoney does not perform credit checks to pre-approve you with
our lenders. However, once consumers are connected with a lender, the lender might perform a hard (or soft) credit pull. This is not a uncommon concept. It’s customary for credit checks to be performed when looking for funding. This funding option is no different.
Here’s the information available in the terms of service page of WeFixMoney.com:
By submitting an application you understand and agree that a lender may use the information you submit to obtain a credit check or consumer credit report. Such a credit check or consumer credit reports may be obtained from Experian, Equifax, TransUnion, or from alternative providers.
So, how do you get approved? Qualifying is based, primarily, on the following:
|Currently, have a job (or receive regular income)
|Make at least $800 per month
|Are 18 years of age or older and a U.S. resident
|Have a checking account
|Other requirements may apply
To Sum it Up
So you came here because you wanted to know does WeFixMoney perform credit checks.
WeFixMoney will not check your credit, our lenders might. If you want more information on how WeFixMoney works, find out by clicking here.
Also, see what our previous customers think about us by checking out our last article.