Sentences with phrase «uses soft credit inquiries»

Pre-qualification generally uses a soft credit inquiry, rather than a hard inquiry, so it won't impact your credit score.

Pre-qualification uses a soft credit inquiry that won't impact your credit score, so you won't risk a hard credit check on a credit card for which you have little chance of approval.

Pre-qualification uses a soft credit inquiry (which won't hurt your credit score) to estimate your approval chances.

Instead of the hard credit inquiry used by the full application, which can impact your credit score, pre-qualification uses a soft credit inquiry to get a general idea of your creditworthiness.

Not exact matches

These soft inquiries will not impact my credit score and my consumer report information will be used solely in connection with identifying and providing me with pre-qualified offers.

A soft inquiry is usually used when you're getting a background check, when you're checking your own credit score, or when you received «pre-approved» offers, like a credit card.

When a company needs to determine your eligibility for a pre-approved offer like a loan or credit card, a soft inquiry of your credit is used.

Inquiries can either be hard or soft, depending on who's pulling your credit and what they're using it for.

Most refinancing companies don't require a social security number, because they're able to use a combination of your name and address to locate you and conduct a soft inquiry into your credit situation.

Using Quizzle will not hurt your credit score since it's just for your personal use, which only results in a «soft inquiry» on your credit report (this does not impact your credit score at all).

A soft credit inquiry is performed using Transunion credit bureau to determine your eligibility.

However, this initial soft pull is used to estimate your rates — if you choose to move forward with the terms offered to you, you'll be subject to a hard credit inquiry, and your rates may change.

Multi-year approval funds available for future use are subject to a soft credit inquiry at time of your next request to verify continued eligibility.

Therefore they are not able to use soft inquiries in making any credit related decision.