Frequently Asked Questions
Common questions about personal loans and how Vet Lending works.
Will checking my rate affect my credit score?
No. We use a soft credit pull to show you personalized offers. This does not affect your credit score. A hard pull only happens if you choose to proceed with a lender and formally apply.
What can I use a personal loan for?
Personal loans can be used for debt consolidation, home improvements, medical expenses, major purchases, or almost any other purpose. Each lender may have specific terms, which will be disclosed in your offer.
How much can I borrow?
Loan amounts typically range from $1,000 to $50,000, depending on the lender and your creditworthiness. Your personalized offers will show the amounts you qualify for.
What interest rates can I expect?
Rates vary based on your credit profile, loan amount, and term length. Our marketplace includes lenders offering APRs starting as low as 5.99%. Your specific rate will depend on your individual circumstances.
How long does the process take?
Checking your rate takes about 2 minutes. Once you select an offer and complete the lender's application, funding can happen as soon as the next business day.
Is there a fee to use this service?
No. Our platform is completely free to use. We are compensated by lenders when you choose an offer, but this never affects the rates you see.
What credit score do I need?
Our marketplace includes lenders for a range of credit profiles. While better credit typically means better rates, there are options available for borrowers across the credit spectrum.