Your credit score is a delicate thing. Without it being in top shape, becoming approved for significant loans and/or lines of credit can be difficult if not impossible. Did you know that improving credit does not have to be such a daunting task when you remove credit inquiries from your report? Those who understand the underwriting process also understand how important this pivotal step really is when it comes to their chances of getting financed.
How Does an Inquiry Affect Your Credit Score?
Simply put, an inquiry is a mark on your credit report which occurs when potential lenders review your eligibility for one thing or another, and even when they pull a background check. While soft inquiries often occur without your knowledge or permission, they do nothing to your credit score. Only hard inquiries are seen as blemishes. In fact, having too many of them can make you ineligible for certain loans and lines of credit.