By submitting a loan request through Post Lake Lending, you authorize us and the lenders in our network to obtain your credit report and other consumer information from credit reporting agencies and other sources.
When you submit a loan request, we perform a soft credit check (also called a soft inquiry or soft pull). This type of credit check:
Important: Prequalifying uses a soft credit check that won't impact your score. If you accept an offer, the lender may perform a hard inquiry.
If you accept a loan offer from a lender, that lender may perform a hard credit inquiry (also called a hard pull) as part of their final approval process. A hard inquiry:
If you receive a loan, you authorize the lender to obtain additional credit reports and consumer information as needed for servicing your loan, including for collections purposes if you default.
You have rights under the Fair Credit Reporting Act (FCRA), including the right to:
For more information about your FCRA rights, visit the Consumer Financial Protection Bureau at consumerfinance.gov