Reply
Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Telling the difference between soft and hard pull.

how do you do this with the reports provided here? 

they all just show up . 

unless all of them are hard. 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Community Leader
Valued Contributor
-Cain-
Posts: 1,283
Registered: ‎04-06-2011
0

Re: Telling the difference between soft and hard pull.

I believe the reports provided here only show hard pulls. For softs, you'd have to pull direct from the CRAs I think. Does your report in hand say inquiries visible to all (hard) and inquiries visible to only you (soft)?


Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 734 11/2012 (PSECU), TU98 695 9/2012
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: Telling the difference between soft and hard pull.


-Cain- wrote:

I believe the reports provided here only show hard pulls. For softs, you'd have to pull direct from the CRAs I think. Does your report in hand say inquiries visible to all (hard) and inquiries visible to only you (soft)?


i dont have any reports here. 

i pulled my reports back in november/december i think from annualcredit report and now they wont let me pull obviously. 

 

the only ones i have are the ones i purchased on here. 

my eq report all 3 times ive gotten it. 

in the understanding my credit shows 3 inquries but when i go into the inquries part it shows 4. 

 

on my august 7th report shows  0 inquries as a + on the scale but then lists two under the inquries july 17th and 28th both for ge cards that i recieved. (i know they are hard pulls though)

 

on my august 30th report for tu it doesnt list it as a plus and counts the 2 inquries. 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Mega Contributor
RobertEG
Posts: 18,117
Registered: ‎03-19-2007
0

Re: Telling the difference between soft and hard pull.

The distinction between so-called "hard" and "soft" inquiries is that only hard inquiries are included in credit reports provided to others.

Most types of so-called soft inquiries relate to pulls not associated with a credit or insurance transaction that was initiated by the consumer.

FCRA 604(c) states that "a consumer reporting agency shall not furnish to any person a record of inquiries in connection with a credit or insurance transaction that is not initiated by the consumer."  Ergo, the statutory requirement to exclude certain types of inquiries. 

 

When you pull your own CR, you are entitled to see soft pulls made on your credit, but nothing mandates that a CR provide that information.

 

When you pull your own CR from more comprehensive sites, such as annualcreditreport.com, they provide the soft pulls. 

 

Most commercial vendors dont include soft pulls even in reports sold to the consumer.  I guess it is easier for them to provide only one format, and not worry about what is excluded based on who they sell it to.

 

 


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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}