To re-decision your loan means that Best Egg will re-evaluate your application using updated information. Re-decisioning a loan would void the current offer, and there is no guarantee the same offer will be available again, or that new or better offers will be available. You may be required to provide additional information and documentation, and you would also be required to log back into your loan dashboard to accept a new offer if one were available.
This can happen if:
- You’ve recently submitted new documents (like updated income or employment verification)
- There were changes or corrections to your original application
- Additional review is needed to confirm your eligibility
During re-decisioning, we’ll review the updated details and let you know where you stand based upon the new information. You may see changes to your rate, loan amount, term length, or approval status based on the updated review.