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Technically, the lender’s quick credit check is a “soft pull” of your credit history. Such soft inquiries don’t show up on your credit report, so they won’t affect your credit score ...
Getting preapproved for a mortgage usually means undergoing a hard credit pull, which causes a dip in your credit score. While soft credit check mortgage preapprovals are hard to come by, a ...
Soft credit inquiries, also known as soft pulls or soft credit checks, occur when companies pull your credit file for a reason unrelated to a new financial obligation.
[citation needed] Credit inquiries that were made by the consumer (such as pulling a credit report for personal use), by an employer (for employee verification), or by companies initiating pre-screened offers of credit or insurance do not have any impact on a credit score: these are called "soft inquiries" or "soft pulls", and do not appear on ...
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When you apply to get preapproved for a mortgage, the lender typically pulls your credit report. This action registers as a hard inquiry , which slightly lowers your credit score for a brief period.
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