Typically a loan application would include a complete credit search. If a job candidate is denied, it shows to their record. Any lenders that are subsequent performed a search would see another business has refused you, and also this would lessen your possibility of them accepting you. It could compound the issue, as every rejected application would keep another mark in your report, cutting your score and decreasing your possibility to be accepted in the future.
In the event that you accept that loan offer, the direct loan provider will do the full credit check. Nonetheless, during this period, you shall already fully know you meet up with the lender’s requirements.