CreditSoup is not a new company. It has been around since 2000, providing customers with information, tools and credit products. They continually enhance and evolve their tools, programs and information with a baggage of over 20 years in the market. They also rely on customer feedback, study of best practices and current industry developments, so they can strive to enable customers to make more sound and informed financial decisions.

Since CreditSoup Consumer Connect is not a lender, the approval process is dependent on the lenders’ own procedures for processing loans. What you can do instead to find out how long until you get approved, is to contact the lender that you applied with. Alternatively, you can check out the lender’s FAQs page, where someone has certainly had the same question as you. In case you are having a hard time remembering which of the lenders you applied with or even finding their contact information, CreditSoup Consumer Connect can help you. You can contact the aggregator using their Loan Status Inquiry form. You will be able to find this form in the About Us section of their website, and they will soon provide you with the correct information.

For each individual applying for a loan there are specific requirements that they need to meet. This means that interest rates will vary depending on a number of factors specific to each individual applicant. Some relevant factors for determining interest rates, payment terms and other conditions may include employment, credit history, debt-to-income ratio, etc. It is important to point out that whatever institution you apply with through CreditSoup Consumer Connect, are the best possible ones the aggregator managed to find and match to your specific needs.