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Established Contributor
thankfulheart
Posts: 618
Registered: ‎09-26-2011

Credit pull for FIOS before closing?

I'm currently scheduled to close on 10/25. It is KILLING me to have to wait for things like Lowe's and NFCU apps, particularly since I need to purchase things for the house before we can actually live in it.  I'm trying to get as much set up beforehand as possible and when I went to sign up for FIOS, they want to do a hard pull.  Is that going to be an issue for UW? Should I wait until I close?  I detest not having things lined up ahead of time!

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)

Regular Contributor
wanttomove
Posts: 181
Registered: ‎03-25-2011

Re: Credit pull for FIOS before closing?

We did the hard pull for FIOS and it didn't affect us, although they didn't pull credit again before we closed because they had pulled it two weeks before. I would call your LO first and ask what they suggest. I'm sure they have had this questions before so they may be able to help.

New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012

Re: Credit pull for FIOS before closing?

[ Edited ]

I would leave it alone. Verizon is usually pretty speedy about getting installs set up, and in the off event that you are somehow unable to close, you'll be stuck with a potential bill for the installation of the fiber run to the home (unless one is already installed).

 

FiOS is a two part install. A cable contractor has to come out and physically install fiber from their access point, under your lawn, to your home. Once that is done, an installer comes out later and installs the ONT (optical network terminal) and your equipment throughout the home.

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Regular Contributor
sharpie
Posts: 180
Registered: ‎01-30-2010

Re: Credit pull for FIOS before closing?

A hard pull for internet service cost me 30 pts. one time.  I would think FIOS could probably wait.

 

Established Member
ch21
Posts: 15
Registered: ‎08-30-2012

Re: Credit pull for FIOS before closing?

I wouldn't do anything that would effect your score. It will be worth the wait after closing!

Regular Contributor
jnkp2001
Posts: 135
Registered: ‎01-04-2012

Re: Credit pull for FIOS before closing?


ch21 wrote:

I wouldn't do anything that would effect your score. It will be worth the wait after closing!


I have been told by LOs, NEVER do ANYTHING until AFTER closing.

FICO EQ: 633 8/15/12
lender pulled 11/3/12 EQ 661 TU 650 EX598
credit Karma 674 credit sesame: 663
B/K discharged 2/2006......closed 8/2012

May your limits be high and your balances low!

Established Contributor
thankfulheart
Posts: 618
Registered: ‎09-26-2011

Re: Credit pull for FIOS before closing?

Thanks, all, for the sage (and grounding) advice.

 

I was able to place the order to lock in the promotion I wanted without doing the credit pull now.  I have to call them the day I close to finalize the order, which is fine.

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)

Valued Contributor
tooleman694
Posts: 2,257
Registered: ‎08-25-2011

Re: Credit pull for FIOS before closing?

I was told that if they repull you before closing, they do not get a score just a new report.

 

I doubt they would trip over a utility pull on your credit.


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