Credit Checks File

Understanding the difference between the two main types of inquiries— and soft —is essential for protecting your credit score. 1. Hard Inquiries (Hard Pulls)

Credit Checks 101: Understanding Inquiries and Your Score Credit checks, often called , are formal requests to review your credit history. They allow lenders, landlords, and even employers to assess your financial reliability by looking at your past behavior. credit checks

: These typically lower your credit score by a few points (usually fewer than five). Understanding the difference between the two main types

Soft inquiries happen when your credit report is checked for reasons not related to a formal credit application. such as a mortgage

A hard inquiry occurs when you apply for a new line of credit, such as a mortgage, auto loan, or credit card.