Yes, we pull a credit report on the applicant and co-applicant. This is mandatory in the application process and happens when you move on to the Full Application stage. The credit report will be a hit to your credit, and it will tell us if you have good, fair, or bad credit. A credit report provides detailed information on how you have used credit in the past, including how much debt you have and whether you’ve paid your bills on time, and if you have any items in collections.