FAQ · Credit & security
Will applying hurt my credit?
Last updated 2026-04-16
Memorandum · From the underwriting desk
Will applying hurt my credit?
No. The initial application uses a soft credit inquiry only. A hard pull, which can affect your score by a few points for 12 months, may occur only after you review and accept a funding offer.
ICG UnderwritingRef · ICG-WILL-A
Practical context
How to evaluate credit impact and data handling
Applicants should separate two questions: whether a request affects credit, and where the application data goes. Those are different risks, and they should be disclosed separately and clearly.
- Soft pull versus hard pull timing
- Encryption, storage, and access controls
- Whether the application is sold or distributed to third parties
Keep reading