Im new to the board but look at my credit close but not to familar with the terms. Can some one PLEASE tell me the diffrence between hard inq and soft inq. On my exf report i have a total of 22 inq but how do i determine which is hard or soft AND can both come off the report? This weekend im gettin all 3 reports online to view my scores and start to clean any little thing up to make the score better Thanx for any response back
Soft Inquiries -Consumer Disclosure - a report pulled by one of the bureaus or you -Promotional (PRM) info sold by the credit bureau to a potential vendor to see if your credit meets that vendors requirements (this is where the pre approved offers come from) -Annual Review (AR) pulled by a current creditor to see if you're maintaining credit responsibly Hard Inquiries - eg. Discover Financial Services where the creditor name shows, but there is no additional citation like PRM or AR following it - when you apply for credit with a credit card company or bank - automobile loans and mortgage loans are also hard inquiries Hope this helps. Dani
