Most funders respond to a credit application within 24 to 48 hours., though their standard service level agreement (SLA) may state longer - typically 96 hours.
However, this can take longer if additional information is required.
Most lenders will access and utilise 3rd party credit score data, Experian for example, in cases when a person or business has very good credit, then typically applications will be auto-accepted, if not then they are referred for manual review by an underwriter, who may request additional information to support the application. All communication will be via the company that is handling your application.
> What happens if my application is declined?
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