Each merchant cash advance provider has different criteria they look for, but they generally do
check your credit score before approving an application.
If you are late with your credit card debt payments and therefore worried about your credit score, you should first
check your credit scores with the three major credit reporting agencies.
Many
employers check credit scores during the hiring process, and having a lot of debt (including student loan debt) could lead you to not getting the job.
This myth grew up because when some
people check your credit score, it really does damage your score — even if you don't end up being approved for your loan.
When a lender
checks your credit score there are numerous factors that tell the lender a wealth about your financial responsibilities, your past, and even a glimpse into the future.