Soft Inquiry

A soft inquiry also known as a soft pull is located in a specific location on an individual’s credit report. You will receive a soft inquiry on your credit report whenever you check your credit report, a business you have an account with checks your credit report, or if a business decides to check your credit report.

The good thing about soft inquires is that they do not affect your credit score and personal lenders are not able to view your soft inquires. However, when you apply for a credit card, loan, or anything else that involves a credit base service then that is considered a hard inquiry.

A hard inquiry counts for 10 percent of your credit score so that does affect your credit score for up to one year.

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