Consumers Frequently Asked Questions
No, you will not see an inquiry on your credit report from WeGetFinancing. WeGetFinancing will run your credit information through a credit bureau to properly verify your identity and refer your application to the most appropriate participating lenders. However, that credit verification is a soft dip, hence invisible by others than you and engineered not to affect your credit score.
It is important to note, though, that some lenders on the WeGetFinancing platform will verify your credit independently from WeGetFinancing. To qualify you for financing, they may pull a hard verification on your credit, which might negatively affect your credit score.
A high percentage of customers’ financing requests are approved through the WeGetFinancing Gateway. However, because of the diversity of requirements from the lenders and the broad spectrum of applicants’ profiles, not all applications can be guaranteed approval. An offer of credit may not be available to you either due to your current credit status or because your information could not be verified. WeGetFinancing cannot access this information due to privacy laws, but you can contact the Credit Bureau listed on the FCRA notification or contact the lender directly.
WeGetFinancing strives to approve as many applicants as possible by regularly adding more lenders to its platform. If you were declined, please try again at a later date as our list of participating lenders is continually growing.