A hard inquiry occurs when you apply for a new line of credit, such as a mortgage, auto loan, or credit card.
Soft inquiries happen when your credit report is checked for reasons not related to a formal credit application. credit checks
Understanding the difference between the two main types of inquiries— and soft —is essential for protecting your credit score. 1. Hard Inquiries (Hard Pulls) A hard inquiry occurs when you apply for
: These typically lower your credit score by a few points (usually fewer than five). Hard vs Soft Inquiries: Different Credit Checks -
: The minor score drop is temporary, often fading within a year, though the inquiry remains on your report for two years.
Hard vs Soft Inquiries: Different Credit Checks - TransUnion
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.