How Charter Funding Works
From checking your rate to getting funded — here's exactly what happens at each step, and how long it takes.
Check Your Rate
Tell us a little about yourself and we'll show you real, personalized loan offers using a soft credit pull — this does not affect your credit score. A hard inquiry only happens later, if you choose to move forward with a full application.
Compare Your Offers
Review the rate, term, and estimated payment on each offer from our network of lending partners. Compare the APR, not just the monthly payment, since it reflects the total cost more accurately.
Choose Your Lender
Pick the offer that fits your situation best and complete your full application. This step includes a hard credit inquiry and identity/income verification.
Get Funded
Once approved, your funds can be deposited into your account in as little as 24 hours, depending on your lender and verification timing.
Eligibility Basics
There's no single credit score requirement to check your rate — our lender network works with a range of credit profiles, and checking your rate with a soft pull won't affect your score regardless of the outcome.
The rate and terms you're offered depend on your credit score, income, and existing debt, so two applicants can see very different offers for the same loan amount.
How Long Does It Take?
Checking your rate and reviewing offers typically takes just a few minutes. Completing a full application adds identity and income verification, which can take anywhere from minutes to a business day depending on your documentation.
Once approved, funding timelines vary by lender, but many borrowers see funds deposited in as little as 24 hours.
Questions About the Process
Does checking my rate hurt my credit score?
No. Checking your rate uses a soft credit pull, which has no effect on your credit score. A hard inquiry only occurs if you choose to submit a full application.
Am I guaranteed to be approved after checking my rate?
No. Checking your rate shows you offers you're likely eligible for based on preliminary information, but final approval depends on the full application, including identity and income verification.
What if none of the offers work for me?
You're never obligated to accept an offer. If nothing fits, you can walk away at any point before completing a full application with no cost or obligation.
Ready to see your options?
Check your rate