Sentences with phrase «additional hard credit inquiry»

Not exact matches

For example, someone new to credit with only one account might see more of a point loss from a single additional hard inquiry than someone with a longer and varied credit history.

In light of this, whenever you are shopping or opening a new line of credit, always ask questions to ensure companies are not double checking your credit, adding an additional hard inquiry, and, as a result, harming your credit even more.

It's during this process that the lender will both require additional documentation and run a hard inquiry to pull your credit rating.

Finally, being an authorized user gives you access to additional credit without a hard inquiry on your credit report.

In addition, requesting authorized users can lower a cardholder's credit score by a few points, because some card companies check credit reports when customers request additional cards — known in the business as a «hard inquiry.»

Using a credit «push» tenant screening service will not result in additional hard inquiries on his or her report.