Do you check my credit score when I apply for a loan?

When you complete an application for a OneMain personal loan, there are a number of things we check when making a decision. As part of the application process. You will need to provide your name, address, Social Security number, income, and other information.

We also review your credit history, which includes an in-depth credit report and score. The information in your credit report shows how you've used credit over the years. It includes:

Credit cards and loans
Payment history
A list of people and companies who have recently requested your credit report

Your credit history creates a credit score that is a number, usually between 300 and 850. It's designed to reflect the information in your credit report and provide a snapshot of how you've handled credit. This information is used in determining whether you qualify for a loan and in determining your fixed rate.

How does OneMain checking my credit report affect my credit score?


There are two types of credit inquiries-a soft inquiry and a hard inquiry. When you apply for a personal loan from OneMain Financial, our request is a hard inquiry.

Soft inquiries:

  • Do not have a negative effect on your credit report or credit score
  • Can be for promotional reasons, like pre-approved credit card offers
  • Can be for informational reasons, like when an employer requests your report as part of the hiring process

Hard inquiries:

  • Credit score drops a few points with each inquiry, but usually doesn't have a big impact on ability to get credit
  • Occur when you apply for a loan or other type of credit and the lender requests a copy of your credit report

Stay on top of your credit score with MyCreditView.


As a OneMain Financial customer, you have access to a tool that can help you take control of your finances and monitor your credit score for free. MyCreditView lets you check your TransUnion VantageScore credit score and your credit history any time from your computer or mobile device. When you check your credit score through MyCreditView, it's a soft inquiry that has no effect on your credit score.

MyCreditView also sends you credit alerts and includes a credit simulator that shows you how different types of changes, like opening a new credit card account or paying off bills, will affect your credit score. You can use this information to help you make financial decisions and build a plan to reach your financial goals. Learn more here.

*MyCreditView is a service provided by TransUnion LLC and is for educational purposes only. You must be the primary borrower on the account; have already enrolled in OneMainFinancial's online account management and accepted the online terms and conditions. Availability will vary depending on account status and ability to verify credit history with TransUnion. The informational score you receive is provided lo help you understand your credit. It is not necessarily the same scoring model that may be used by a lender and will not be used by OneMain Financial lo determine whether you qualify for a Joan. For more information please visit

How much do you need to reach your goals?

Loan offers are subject to credit approval and other restrictions and requirements may apply. OneMain Financial loan proceeds cannot be used for college, university, or vocational expenses, including tuition, fees, and required equipment and supplies; for any business or commercial purpose; to purchase securities; or for gambling or illegal activities. The actual loan amount and rate you qualify for will depend on your ability to meet our credit criteria including credit history, income and debts.

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