Credit Reports: Soft Credit Check vs. Hard Inquiry

Over the last few days, I’ve received a ton of questions about so-called “hard pulls” and “soft pulls” on your credit report and how they affect your credit score. In order to get the full scoop, I did some extensive research on the subject, and here’s the best information I can find. Let’s start off with the basics.

What Is a Credit Report?

A credit report is a record of your borrowing and repayment history. This includes details about lines of credit, late payments, bankruptcies, credit defaults, and so on.

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