Select Page

Refinance

by | Apr 23, 2025 | Uncategorized

Refinancing a loan involves replacing an existing loan with a new one, often with better terms such as a lower interest rate. Some loan apps offer refinancing options for borrowers who want to reduce their monthly payments.

Soft Inquiry

by | Apr 20, 2025 | Uncategorized

A soft inquiry happens when a borrower’s credit report is checked for reasons other than a loan application, such as for pre-approval offers or identity verification. Soft inquiries do not impact the borrower’s credit score.