Your credit score is not impacted in any way when you use NerdWallet’s personal loan pre-qualification form. When you submit the pre-qualification form, our lending partners perform a soft inquiry to determine if you are eligible for a pre-qualified personal loan offer.

If you do not qualify, one or more of our lending partners may send you an adverse action notice. The purpose of this notice is to formally let you know that your pre-qualification application was not approved. Don’t be alarmed if you receive an adverse action notice - again, it’s just a formality, and does not mean that a hard review of your credit was performed.