How to get credit report Raleigh-Durham

You can how to get credit report Raleigh-Durham obtain a copy of your credit report for free from each of the three credit how to get credit report Raleigh-Durham reporting agencies once a year. You how to get credit report Raleigh-Durham can check it more often, but you will have to pay a small fee.

A credit card company or other business might pull a how to get credit report Raleigh-Durham copy of your credit report in order to confirm your identity before sending you a new credit card invitation in the mail. These are also considered soft credit inquiries because they are the result of others trying to solicit your business. You probably had no knowledge of the company’s action and the credit pull does not how to get credit report Raleigh-Durham indicate that you how to get credit report Raleigh-Durham were seeking more credit lines. my free credit report government So there is no need to worry about these types of credit inquiries. Hard InquiriesHard inquiries, on the other hand, are the how to get credit report Raleigh-Durham kind that do have the power to bring down your credit score.

Hard inquiries occur when you are in the process of applying for credit with some business. Most commonly you will have hard how to get credit report Raleigh-Durham pulls, when you are looking for a new mortgage loan, auto loan, or credit card accounts.  These businesses will pull your credit report to see if they judge your history worthy of their funding. free credit history report Credit bureaus will ding your score for these inquiries because they reflect a greater need for credit. Fortunately, just one inquiry will not have a significant negative impact on your score.

One hard pull will likely bring your score down by how to get credit report Raleigh-Durham 5 points for the following six months. There is how to get credit report Raleigh-Durham some debate about how many credit inquiries you can have in a certain amount of time. Some sources say that when you are shopping around for loan, if you have several how to get credit report Raleigh-Durham lenders pull your credit within a short amount of time, they will all only count as one hard pull on your score. free yearly credit report