Frequently Asked Questions

Pre-qualification means we've done a soft credit check to give you an estimate of the rates and terms you may qualify for. This does not affect your credit score and is not a guarantee of approval.

No. Checking your rate with Reset uses a soft credit inquiry, which does not impact your credit score. A hard inquiry only occurs if you accept an offer and proceed with a full application.

Your rate is based on several factors including your credit score, income, debt-to-income ratio, loan amount, and loan term. We aim to offer competitive rates with full transparency.

Once approved and after you accept your loan terms, funds can be deposited into your bank account as soon as the next business day.

Yes! There are no prepayment penalties with Reset. You can pay off your loan early at any time without any additional fees.