Hard enquiry
Market basicsA lender checking your credit report because you applied for credit.
In plain terms
Several in a short window looks like distress. Checking your own score is a soft enquiry and does nothing.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
A lender checking your credit report because you applied for credit.
Several in a short window looks like distress. Checking your own score is a soft enquiry and does nothing.