Does 60MonthLoans do a hard inquiry? This question is about 60MonthLoans

Does 60MonthLoans do a hard inquiry?

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This question is about 60MonthLoans

Rick Bormin, Personal Loans Moderator

@rhandoo2020 • 11/15/21 This answer was first published on 11/15/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, 60MonthLoans does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.

60MonthLoans's hard inquiry will stay on your credit report for two years, but it won't affect your credit after one year, and the impact may subside before then. To see how your individual credit score may be affected by a hard inquiry, you can use the credit score simulator on WalletHub.

If you're looking for a lender that does not do a hard inquiry at all, you could consider Integra Credit, OppLoans, and NetCredit.

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Does a 60MonthLoans personal loan affect your credit score?

Yes, a 60MonthLoans personal loan does affect your credit score, both when you apply and during the entire time that you are paying the loan off. Initially, a 60MonthLoans personal loan will affect your credit score in a negative way, but the long-term impact can be very positive, assuming you repay the loan on schedule.

How a 60MonthLoans Personal Loan Affects Your Credit Score

Hard pull: When you apply for a 60MonthLoans personal...

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How can you get 60MonthLoans personal loan pre-approval?

You can get 60MonthLoans personal loan pre-approval through WalletHub’s free personal loan pre-approval tool. This will allow you to see your odds of approval for a personal loan with 60MonthLoans, as well as your potential interest rates, and the process will have no impact on your credit score.

How to Get 60MonthLoans Personal Loan Pre-approval

Go to WalletHub’s free personal loan pre-approval tool.
Enter your desired loan amount and select the reason for...

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How do I apply for a 60MonthLoans personal loan?

To apply for a 60MonthLoans personal loan enter your personal and financial information on the online application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.

How to Apply for a 60MonthLoans Personal Loan

Enter your personal information on the application. 60MonthLoans requires the following personal information on the application: your full name, date of birth, email address, phone number, marital status, home address, housing...

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