How long does it take for a Customer to get pre-approved?
Over 80% of loan applications are instantly pre-approved via the online portal’s underwriting algorithms. Otherwise,
the loan application needs to be manually reviewed which typically takes 1-2 business days, but sometimes during periods
of high application volume, it can take up to 3-4 days. For example, a high proportion of loan applications are often
submitted over the weekend, so Clean Energy Credit Union often has a long queue of manually reviews to work through
on Mondays.