- No monthly maintenance fee
Does checking my loan rate hurt my credit score?
Pre-qualification with a soft pull does not affect your score. A hard pull — which happens when you submit a full application — typically lowers your score by 5 points or less. Multiple hard pulls within a 14-day window for the same loan type count as one inquiry under FICO scoring.
What is an origination fee?
An origination fee is a one-time charge — typically 1%–8% of the loan amount — deducted from your disbursement or added to your balance. A $10,000 loan with a 5% origination fee nets you $9,500. Always compare APR (which includes the fee) not just the stated interest rate.
Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.