Soft inquiries do not affect your credit score. Unlike hard inquiries, which can lower your score slightly when applying for credit, soft inquiries—such as background checks or personal credit checks—are not visible to lenders and have no impact on your…
Understanding the implications of soft inquiries is crucial for anyone concerned about their credit score. The good news is that soft inquiries do not affect your credit score. These inquiries, often unnoticed by consumers, play a significant role in how…
Yes, credit inquiries can affect your credit score, but the impact varies based on the type of inquiry. Hard inquiries typically result in a slight decrease in your credit score, whereas soft inquiries do not affect it at all. Understanding…