Hard Inquiries vs Soft Inquiries
                     Hard Inquiries vs Soft 
Inquiries
How They Affect Your 
Credit
Two Types of Inquiries
HARD and SOFT 
INQUIRIES
Hard inquiries and soft inquiries refer to 
the two types of credit checks that can 
be made on a person’s credit report 
when applying for a financing.
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Hard Inquiries
HARD INQUIRIES
How many points does a 
hard inquiry affect credit 
score?
A hard inquiry on your credit report can 
affect your credit score by up to 5 points. 
This is because a hard inquiry is an 
indication that you have applied for new 
credit, which can be seen as a riskier move 4
than maintaining existing accounts.
HARD INQUIRIES
How long does a hard 
inquiry stay on your 
credit?
A hard inquiry will stay on your 
credit report for 2 years and will 
impact your score for 12 
months.
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HARD INQUIRIES
Why its important to monitor 
how many hard inquiries you 
have on your credit report
Monitoring how many hard inquiries you 
have on your credit report is essential 
for maintaining a good credit score. 
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“
If you have ever gone to a car dealership 
and let them find you financing, if you 
have less than perfect credit, then you 
may have DOZENS of inquiries on your 
credit report.  Each one brings down your 
score. 
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How To Remove A 
Hard Inquiry From 
Your Credit Report
 
If there is a hard i“nquiry on your credit 
report from a company you don’t 
recognize and didn’t authorize to pull your 
credit, you need to do your research and 
find out who they are. 
It can be the first indication that someone 
has your credit information.
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How To Remove A Hard Inquiry From Your Credit 
Report
⊳ Open a dispute and 
inform the credit 
bureaus you didn’t 
give permission to 
have your credit 
pulled.
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How To Remove A Hard Inquiry From Your Credit 
Report
⊳ Then put a statement on 
your credit report to 
warn creditors that you 
are a victim of identity 
theft.
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How To Remove A Hard Inquiry From Your Credit 
Report
⊳ Get an identity theft protection 
and make sure you get notified if 
anyone is trying to open accounts 
under your name and shut them 
down before they can be 
approved.  
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How To Remove A Hard Inquiry From Your Credit 
Report
If the ID thieves are very aggressive. You may want 
to put a credit freeze on your account.
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What is a
Soft Inquiry
What is a Soft Inquiry
A soft inquiry is a type of credit 
check that does not affect your 
credit score 
It is also known as a “soft pull” or 
“soft hit”
Soft inquiries do not appear on your 
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credit report and are not visible to 
other lenders.
Conclusion
Hard inquiries can have a negative impact on 
your credit score, so it's important to think 
carefully before applying for any type of 
credit. It is important to remember that hard 
inquiries can remain on your credit report for 
up to two years, so it's best to limit them as 
much as possible. If you find yourself with 
too many hard inquiries and need help 
improving your credit score, consider talking 16
to a financial adviser or credit counselor.
Consult A 
Credit Repair Professional
WWW.NEWHORIZON.ORG
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Contact Us
For Consultation
888-307-8781
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ORG
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