There are two primary categories of credit inquiries: hard inquiries and soft inquiries. Hard inquiries occur when a potential lender, such as a bank or credit card issuer, reviews your credit report as part of
Phone plans, insurance policies, apartment or house rentals, internet service, and more may require credit inquiries. Some employers may even conduct a credit inquiry on you to make hiring decisions, according to information from the Federal Reserve. This means that errors in your credit report...
Lenders can only see the "hard" inquiries on your credit report. "Soft" inquiries are only visible to you."Soft" inquiries have no effect on your FICO Scores, while multiple "hard" inquiries can be an indication of higher risk—and may cause your score to dip. Learn more about the ...
Credit accounts:This includes details about companies that have lent you money, your credit limit, account balances, payment history and whether your accounts are delinquent or current. Credit checks (also known as credit inquiries):A soft inquiry happens when you check your own credit or when a...
Some credit reports include the name of the very first company that extended your credit, as well as the name of the most recent company to extend credit. Inquiries and requests to view your report This section of your report tells you how many organizations have requested to look at your...
Credit Inquiries: Applying for new credit to add tradelines often results in hard inquiries on your credit report. While a single inquiry may have a minimal impact, numerous inquiries within a short period can lower your credit scores. Consider the potential consequences of inquiries and apply for...
Not all hard inquiries are the same. Depending on what type of loan the inquiry was for, it may affect your credit score differently. Car loans, student loans, and mortgages If multiple inquiries for the same type of loan—whether it’s a car loan, student loan, or mortgage—appear withi...
Hard and soft credit inquiries Anyone who’s checked your credit in the past two years—landlords, employers, lenders and others. How do you obtain a credit report? You might be able to get your credit report for free from your financial institution or credit card issuer, or you may have...
There are two types of credit inquiries: soft and hard. A soft credit check has no impact on your credit score. A hard credit check, which usually happens when you apply for credit, can temporarily lower your credit score. Public Records Public records, such as bankruptcies, civil judgments...
With Discover, you can get a free Credit Scorecard with your FICO® Credit Score and important information behind it, like credit utilization, number of missed payments, number of recent inquiries, length of credit history and total number of accounts.2 See If You’re Pre-Approved How long...