Grace Enfield, Content Writer
@grace_enfield
No, Best Egg does not call your employer. Best Egg instead uses the financial information and documents you provide during the application process, like a W-2 form, bank statement or pay stub, to verify that you are employed and that you have enough income to afford the loan.
For more information, check out the full Best Egg personal loan review on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.
People also ask
Do personal loan companies call your employer?
Personal loan companies may call your employer simply to verify that you are employed where you claim to be. This helps the company determine if you are actually eligible to receive a loan, as a big part of whether or not you can get a loan depends on your income. Not all personal loan companies will contact your employer, though, and if they do they will not tell the employer that it is in regard...
read full answer by Gino Rodriguez, WriterHow long does it take to get money from a Best Egg personal loan?
It takes 2 to 4 business days to get money from a Best Egg personal loan, in most cases. That includes both the time it takes to get approved and the time it takes for the funds to be delivered after approval. Keep in mind that this is a typical applicant’s experience, and in some cases it could take longer.
How to Get Money From Best Egg as Fast as Possible
- Fill...
Does a Best Egg personal loan affect your credit score?
Applying for a Best Egg personal loan will not affect your credit score, as Best Egg will do only a soft inquiry on your credit report to see if you qualify. However, if you get approved and accept the loan offer, Best Egg will do a hard inquiry that will cause a temporary decrease in your credit score. In the long term, whether or not you pay your Best Egg personal loan bills on time will...
read full answer by Rick Bormin, Personal Loans ModeratorDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.