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Jimmy
Jimmy asked in Business & FinanceCredit · 5 months ago

I applied for sba eidl loan. But i dont have good credit. I got an loan estimate from them and i accepted it.?

Does that mean they gave me an estimate credit history and does it have higher chance of getting approved.

2 Answers

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  • A Hunch
    Lv 7
    5 months ago

    EIDL acceptance is 100% based on credit score.  If you don't have a 570 credit score based on THEIR scoring system, you are INELIGIBLE for a EIDL loan.

    - they do not use a FICO scoring system, thus, it's unlikely for any of us to know the relationship with your loan score.

  • Anonymous
    5 months ago

    You are wasting your time. Forget it.

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