Fetcharate
  • All
  • Home Loans
  • Personal Loans
  • Buying a Home
  • Home Improvements
  • Refinance

What is the difference between a hard inquiry and a soft inquiry?

What is the difference between a hard inquiry and a soft inquiry?

Hard Inquiries vs. Soft Inquiries: Understanding Credit Score Impact

Hard inquiries vs. soft inquiries: understanding credit score impact. The former knocks off a few points from your credit score, while the latter has no impact. Here’s why.

18 Jul 2024 | 5 min read
Hard Inquiries vs. Soft Inquiries: Understanding Credit Score Impact

Fetcharate is a registered DBA of OCMBC, Inc. NMLS ID #2125. Equal Housing Lender. All rights reserved. Some products may not be available in all states. Programs and rates are subject to change without notice. Turn time estimates are not warranted or guaranteed. Some restrictions may apply. Underwriting terms and conditions apply and not all applicants will qualify. This is not a commitment to lend. For more licensing information, visit the Nationwide Multistate Licensing System's Consumer Access website www.nmlsconsumeraccess.org. For our licensing information and lists please visit: Our Licensing page