General Credit Topics

[babbles]

Is AT&T a hard hit and how much will it affect me?  I got cable & internet service with them but had no idea they would hit my report.  Thanks.

[pizzadude]

Are you asking about a hard pull for a new mobile phone contract ? Most hard pulls would be a relatively small score ding, like under 10 pts, but YMMV.

[babbles]

It was for cable internet service not mobile phone service.    I thought I put down what it was in the original post.

[RobertEG]

When a consumer initiates a business transaction, even though it does not involve the specfic extension of monetary credit, the business can pull your credit report as long as they can assert a "legitimate business need" for the information.  Extension of goods or services that could potentially go unpaid usually constitute a legitimate business need.

Such a transaction can be coded as a so-called "hard pull," as it is has express permissible purpose under FCRA 604.  "Soft pull" coding is discretionary, and the way a business or creditor is able to do that is a mystery that remains unknown, at least to me.  It is unregulated under the FCRA.

[Steelersfan904]

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babbles wrote:

It was for cable internet service not mobile phone service.    I thought I put down what it was in the original post.

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Yes it will be a hard pull