How Credit Inquiries Impact Credit Score

Credit Inquiries, or Hard Inquiries or Hard Pull on your credit is very important when it comes to a thick balanced profile, but here is what you need to know about it.

1. If you have an inquiry and do not get approved or have an off-setting account from that inquiry, you should NOT keep applying. Chances are you will be denied.

2. You do not want to take on more than 3-4 inquiries a year. The more inquiries, the more desperate you look to lenders.

3. Inquiries will stay on your credit report for 2 years from date of inquiry.

4. If you apply for an account and take an inquiry, you can have that inquiry removed if you do not get approved for that account.

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Видео How Credit Inquiries Impact Credit Score канала I Teach Credit