Every time you apply for a personal loan or any credit product, the credit enquiry is logged on your credit file. Applying for personal loans or other types of credit, this effects your credit score and if you have many applications in a short space of time i.e. six months, this can be an indicator of underlying financial problems and as such may reduce your creditworthiness. If you are looking for a personal loan, with NOW FINANCE you can get your interest rate before applying with no impact on your credit score. You credit file will be accessed if you proceed to submit an application.