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Does Quick2Lend Check Credit? An Authentic Guide

Does Quick2Lend Check Credit

Quick2Lend is an online marketplace that helps borrowers secure personal loans ranging from $500 to $10,000. Founded in 2015, the platform utilizes a proprietary algorithm to match applicants with suitable lenders based on their credit score, income level, and other personal information. 

However, one of the biggest concerns for consumers looking to borrow money is whether Quick2Lend checks credit.

In this article, we’ll explore Quick2Lend’s credit checking policy, frequently asked questions by users, and user reviews to provide you with a comprehensive understanding of the platform’s lending process.

Does Quick2Lend Check Credit?

Credit checks have been part of the lending process for years. Their purpose is to provide lenders with an understanding of a borrower’s creditworthiness before they can approve their loan requests. 

This information helps lenders understand the potential risk associated with giving out a loan and helps them determine an appropriate interest rate.

Quick2Lend uses a soft credit check to evaluate the creditworthiness of applicants. A soft credit check logs in the credit history of the borrower through the credit bureaus like Equifax and Experian, but it doesn’t affect the credit score of the borrower. Most lenders offer soft credit checks to their customers to avoid affecting credit scores with their lending decisions.

credit checks

Quick2Lend’s approach to credit checks ensures the borrower’s credit score is not affected by the check, and it helps Quick2Lend tailor the available loan offers to applicants. 

While this is good news for borrowers with bad credit or those who’d like interested in protecting their credit score, it also means that the type of loan that an applicant receives may vary if their credit score is below a certain level.

Credit assessments can have a significant impact on loan approval rates. Bad credit scores or limited credit history can be a liability, as most lenders rely on these scores to determine the risk associated with lending. 

As such, they might charge interest rates that are high enough to reflect the potential for an unmanageable financial obligation. However, don’t let bad credit discourage you from applying for a Quick2Lend loan, as the platform accepts applicants with varying credit scores.

User Reviews and Experiences

While Quick2Lend boasts a high approval rate with customers, there are some reviews that users should consider before applying for loans. 

Negative reviews mainly cite concerns about hidden or unexpected fees, and many borrowers express frustration with insufficient communication from Quick2Lend customer support. Positive reviews highlighting Quick2Lend’s transparency and competitive interest rates.

Tips for a Successful Loan Application

Improve Your Credit Score

  • Pay bills on time to avoid late payments.
  • Reduce credit card balances to lower your credit utilization ratio.
  • Check your credit report for errors and dispute any inaccuracies.
  • Limit credit applications to avoid multiple hard inquiries.

Ensure Accuracy of Personal and Financial Information

  • Double-check personal details such as name, address, and contact information.
  • Provide accurate income information with supporting documents.
  • Review bank account details for accuracy, including account numbers and routing numbers.
  • Keep important documents such as pay stubs and bank statements readily available.

Remember, a higher credit score increases your chances of loan approval and better interest rates. Accuracy in your application details helps to streamline the process and reduce the likelihood of delays or rejections. Paying attention to these tips can significantly improve your chances of a successful loan application.

Frequently Asked Questions

Does Quick2Lend check credit for bad credit borrowers?

Yes, Quick2Lend does check the credit of borrowers when validating their loan applications. However, the soft credit check offered by the platform ensures that the borrower’s credit score is not affected. Quick2Lend does not hard check the credit of applicants, thus making the platform a great choice for people looking to avoid hurt to their credit history.

What are the minimum requirements for a Quick2Lend loan?

To qualify for a personal loan through Quick2Lend, you must be a U.S. citizen or permanent resident who’s over 18 years of age with an active bank account and a steady income. Some of the required details needed for the application process include employment information, your Social Security Number, and bank account details.

How does Quick2Lend verify income during the loan process?

Quick2Lend asks applicants to provide detailed information about their income sources. The platform may also require bank statements and pay stubs to prove that the borrower has a steady income.

Is Quick2Lend a safe platform to apply for a loan?

Yes, Quick2Lend’s website is secure, preventing your personal information from being compromised during the loan application process. The application portal uses SSL encryption and a 128-bit key, ensuring that third parties can’t intercept or view personal details being entered during the application process.

poor credit

Are there any alternatives for borrowers with poor credit?

Quick2Lend is a unique lender that focuses on providing loans to individuals with poor credit scores. However, borrowers with bad credit scores may also consider payday loans, credit unions, or peer-to-peer lending platforms.

Can Quick2Lend help improve your credit score through loan repayment?

Yes, applying for and repaying a loan through Quick2Lend can help improve your credit score over time. Timely payments and consistent borrowing activity can reflect positively on your credit history and help to create a better credit score.

Does Quick2Lend charge any hidden fees?

No, Quick2Lend has no hidden fees other than the interest rates that accompany the loans.

What information is required during the loan application process?

The application process asks borrowers to provide their employment information, government-issued ID such as their SSN and driver’s license, their bank account details, and other personal information as required.

How can I contact Quick2Lend’s customer service for support?

Quick2Lend offers a helpful and reliable customer support system. You can reach them through their online contact form or their phone number.

What are some user experiences and reviews of Quick2Lend?

Many positive user reviews on the web praise Quick2Lend for their quick approval process and competitive rates. Negative reviews primarily center around concerns about hidden fees or charges, and in some cases, unsatisfactory customer support.


Quick2Lend offers personal loans to borrowers regardless of their credit scores. With the guarantee of a soft credit check, borrowers can feel more secure when applying for a loan, knowing that their credit score won’t be affected. 

This platform is a good option for borrowers looking for short-term loans, but it’s always important to read the fine print before agreeing to the terms of any loan. By providing borrowers with competitive rates, Quick2Lend is certainly worth a look if you need quick access to funds.