Multiple Hits by the same creditor

[Anonymous]

i believe all your accounts will do an account review (AR) every month.  It is soft and will not hurt.

[Anonymous]

---

@haulingthescoreup wrote:

---

@mtnaggie wrote:

So my bank can look at my credit whenever they want to, regardless of my payment history?

I was mistakenly under the impression that if I had existing credit with a lender that they could look at us at their leisure without the inquiries hurting my score......??????

---

Where exactly are you seeing that they are checking your report?

If these are showing on your myFICO reports, or TrueCredit or other credit monitoring reports, these are hard inquiries and shouldn't have been made, since you are not seeking new credit with them. These can potentially hurt your score.

If you have pulled a full report directly from a credit bureau, paying about $9-10, or using your annual free report pull, you can see "soft" inquiries. They will be in the inquiries section, and they will be titled something like "Inquiries shared only with you." There are basically 3 types:

those that result from you pulling your own reports

those that are done by existing creditors for account maintenance or account review, to make sure that you're not getting into trouble elsewhere that might spill over on them, and

those that are for promotional purposes, where a creditor that you aren't with wants to see if they would like to offer you something.
(The promo ones only get your name and address. They can't look at everything, because you don't yet have a credit relationship with them.)

So these inquiries by your bank, car loan lender, etc., should ONLY be showing on the full reports, in the separate section, not on your myFICO reports or credit monitoring reports.

---

Where does a CA pulling your CR count? Is it a soft pull or a hard one??

[haulingthescoreup]

This is a matter of raging debate around here, because they often are hards, and the question is whether they have permissible purpose. Sometimes you will see softs when they first start sniffing around, but we have members report that they are getting repeated hard inqs. This is obviously a tactic by the CA's to get your attention and force you to communicate with them.