Sentences with phrase «different types of credit score inquiries»
This myth comes from confusing two different types of credit score inquiries: hard inquiries and soft inquiries.
https://www.americafirst.com/ Not exact matches
In general, your score is made of 5 different categories: payment history, credit utilization, credit history, types of credit, and credit inquiries / requests for credit.
One type is not likely to produce an ill effect in terms of lowering an individual's credit score, while frequent inquiries of a different type could trigger a temporary decline in the credit rating.