What is the #difference between soft inquiry and hard inquiry?
Soft Inquiry -
1. When you check your own #creditscore.
2. When one of your current #lender runs a credit check on you.
3. When the lender checks your #credit to pre-approve or pre qualify you for a loan.
4. A #softinquiry won't hurt your credit score.
Hard Inquiry -
1. When a bank checks your credit score as part of a credit application process.
2. When you request for a #creditline increase and the credit card company checks your credit to determine if they will approve the line increase.
3. A #hardinquiry will temporarily lower your credit score.
For more details, get in touch with us:
Credit Helpline - 8000 911 911
Associate Helpline - 9712 911 911
Bankers Helpline - 6357 911 911
Independent Business Consultants - 6356 911 911
Missed Call - 7574 911 911
Email - credithelp@apoorvaa.co.in
Website - www.apoorvaa.co.in
#creditrepair #creditbureau #creditbureauconsultants #creditcard #loanapproval #creditreportrepair #creditrepairservices #creditrestoration #Creditreporting #creditfix #CIBIL #Rank #creditrepairspecialist #creditrebuilding #rebuilding #rebuild #creditimprovement #loanapproval #ApoorvaaFoundation
