05-20-2009 09:06 AM
I just got a CLI from reactivating a Belden Jewlers card and they did a hard pull which lowered my EQ by 9 points according to SW.
I would like to do more CLIs but am concerned about hard pulls and score damage.
I heard BOFA does soft pulls - I have 2 of those and I have 1 Barclays and 1 TJ Max card all of which I would like to get a CLI.
How do hard pulls affect your score and when and how does your score correct?
05-20-2009 09:35 PM
1. BOA on line, phone soft.
2. Citi on line soft, if form appears = hard.
3. Discover phone (1800discover, option 5) soft
4. Macy's phone soft (if at all)
5. Amex online, soft
6 GEMB (JCP, Walmart, PayPal Credit) on line, phone soft
7 PenFed if there is no preapproval, then hard
8 Chase won't say "Good morning" without pulling hard.
05-20-2009 11:42 PM
05-22-2009 12:46 PM
05-22-2009 01:32 PM
when they do a hard pull is it only reported on 1 CR?
So say if I did a Chase hard pull will it only affect my EX? and not TU or EQ?
The pull will only affect and show on the credit report/score they pull. If they pull EX, for example, it'll show on and affect only EX.
05-22-2009 01:35 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO