Does applying for a loan impact my credit score? NOW FINANCE January 15, 2020 10:06 Updated Follow Every personal loan application – and every application you make for credit – impacts your credit score. Related articles How fast is the application process? Do I get instant approval for a Personal Loan? Why do you need my employers details Can you give me access to my official credit report? Do you have a branch that we can visit Comments 0 comments Please sign in to leave a comment.