Does applying for a loan impact my credit score? NOW FINANCE June 19, 2018 06:38 Updated Follow Every personal loan application – and every application you make for credit – impacts your credit score. Related articles Do I get instant approval for a Personal Loan? Do you offer loans for home ownership deposits? Can I apply if I am in a Part 9 Debt Agreement? Do you offer loans for home ownership deposits? How do I find out what my personal loan balance is? Comments 0 comments Please sign in to leave a comment.