An inquiry initiated by a lender on a consumer's credit history for the purposes of approving a line of credit or other loan when a borrower fills out an application. This does not include inquiries made for the purpose of issuing pre-approved credit card offers to potential borrowers. Hard inquiries can negatively impact a credit score if too many are made in a short time frame. An excessive number of hard inquiries may indicate that the borrower is planning to take on more debt than he or she can reasonably service. Opposite of soft inquiry.
Related information about hard inquiry:
- What is a hard inquiry?
Learn what a hard inquiry is. ... The credit bureaus keep a record whenever a lender or other service provider views your credit history, creating a hard inquiry on ...
- How credit inquiries affect credit score
Feb 19, 2010 ... Applying for a loan or credit card can result in a hard inquiry, but applications not tied to a form of credit can result in a hard inquiry as well.
- What is a Hard Inquiry? - Credit / Debt Management - About.com
There are two types of credit report inquiries: a hard inquiry and a soft inquiry. One kind hurts your credit score, the other does not.
- Hard Inquiry Definition | Investopedia
A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when an individual applies for any type of credit, such as a ...
- Credit 101: Soft & Hard Inquiries | Credit Karma Blog
May 5, 2011 ... A hard inquiry is when a lender, credit card issuer, or other financial institution requests a credit check in order to decide whether or not to ...
- Hard And Soft Credit Inquiries, And How One Hurts Your Credit ...
Dec 6, 2008 ... A hard inquiry is when a person or organization requests your credit score and history and they intend to make a lending decision. Applying for ...
- Hard Inquiry on your Credit report
if you have a Hard inquiry and have sent a letter for them to have it removed and write back and say you applied for a Credit Card on line and ...
- How to Remove Unauthorized Hard Inquiries - Bargaineering
Dec 17, 2009 ... After about 6 months, the effects of a hard inquiry on your report are reduced ... If I have a good score & I want to get an auto loan, a hard inquiry ...