topic Re: How do you see a soft v. hard pull? in Credit Cards

How do you see a soft v. hard pull?

Anonymous — Tue, 20 May 2008 06:19:55 GMT

We've been talking a lot about soft pulls and hard pulls. I understand the difference, but don't know where I go to SEE the 'soft' pull? I don't see it listed anywhere on the myFico power reports..and it's not on my True Credit one either. So far, I've been guessing based on the absence of a hard pull when I apply, but I'd love to know who is peaking in.

Thanks!

Re: How do you see a soft v. hard pull?

llecs — Tue, 20 May 2008 13:36:22 GMT

Unfortunately MyFICO and TC don't offer soft pull info. The only place to find it is on each CR pulled directly from EX, EQ, or TU.

Re: How do you see a soft v. hard pull?

Scamp — Tue, 20 May 2008 13:36:54 GMT

Soviyana wrote:
We've been talking a lot about soft pulls and hard pulls. I understand the difference, but don't know where I go to SEE the 'soft' pull? I don't see it listed anywhere on the myFico power reports..and it's not on my True Credit one either. So far, I've been guessing based on the absence of a hard pull when I apply, but I'd love to know who is peaking in.

Thanks!

The softs show up on the CR's you get directly from each CRA (or via something like annualcreditreport.com).

ETA: Oops, llecs beat me to it. lol.

Message Edited by scapegrace13 on 05-20-2008 06:36 AM

Re: How do you see a soft v. hard pull?

Anonymous — Tue, 20 May 2008 13:53:17 GMT

If you use truecredit click on the "dispute" link and start to go through the process (you won't actually submit a dispute) - this will show you the REAL CRA report and will list the softs (I know this works for EX and EQ - not sure about TU). I use the method you mention - if it doesn't show as a hard it must have been a soft...

Message Edited by techno-pagan on 05-20-2008 06:52 AM

Message Edited by techno-pagan on 05-20-2008 06:53 AM

Re: How do you see a soft v. hard pull?

Anonymous — Wed, 21 May 2008 01:15:22 GMT

techno-pagan wrote:
If you use truecredit click on the "dispute" link and start to go through the process (you won't actually submit a dispute) - this will show you the REAL CRA report and will list the softs (I know this works for EX and EQ - not sure about TU). I use the method you mention - if it doesn't show as a hard it must have been a soft...

Super Techno - Thanks. I really want to track this so I know for the future. USBank supposedly will do an automatic increase at 6 mo with a soft-pull. Want to be sure that's what happens

Re: How do you see a soft v. hard pull?

Anonymous — Wed, 21 May 2008 01:54:57 GMT

If you use the online dispute for EX, you can see them there. That's how I know Amex softed me 2 weeks after I got my card. Don't know about any other CRAs outside of using annualcreditreport.com.

Re: How do you see a soft v. hard pull?

Anonymous — Wed, 21 May 2008 02:27:53 GMT

you can use old report number to get experian.

Re: How do you see a soft v. hard pull?

Anonymous — Wed, 21 May 2008 03:22:49 GMT

I've been waiting for a post like this...I know the difference in hard vs. soft as far as score impact..but what is the difference on what the company sees when they do a soft pull...vs. a hard pull

Re: How do you see a soft v. hard pull?

guydiver — Wed, 21 May 2008 15:59:29 GMT

Hello all......

I too have always wondered what they see in a "soft" vs. "hard" pull. I know that all of the pre-approved offers I get are soft pulls, but they don't seem to have much info. in them because all of the small print states something about meeting their credit qualifications....or something or other like that.

My first post. Have been reading for months.....invaluable info on here. I'm up over 100 points now on two reports, and about 100 on EX. That's over a two year period.

TU- 672

EX-654

EQ 698

Re: How do you see a soft v. hard pull?

Junejer — Wed, 21 May 2008 16:14:59 GMT

sly and guy, they see all of the information on a soft pull.

Re: How do you see a soft v. hard pull?

athensguy — Wed, 21 May 2008 17:04:43 GMT

@Junejer wrote:
sly and guy, they see all of the information on a soft pull.

Doesn't it depend on what kind of soft pull they get? If it's one of your creditors and they do an AR, they see it all, but if it's a PRM pull, then all they get is whether you meet some criteria, name and address, no?

Re: How do you see a soft v. hard pull?

Junejer — Wed, 21 May 2008 19:12:57 GMT

Yep, erchambers, you are correct. I was giving the abbreviated version mainly for sly.

Re: How do you see a soft v. hard pull?

Anonymous — Thu, 22 May 2008 11:35:44 GMT

ByrdMan wrote:
sly and guy, they see all of the information on a soft pull.

So all these banks/issuers have the *option* of making a credit decision without doing a hard-pull; they have all the information they need - but choose to do a hard?

Hmmmmmmm.

Re: How do you see a soft v. hard pull?

athensguy — Thu, 22 May 2008 12:30:04 GMT

@Anonymous wrote:
ByrdMan wrote: sly and guy, they see all of the information on a soft pull.
So all these banks/issuers have the *option* of making a credit decision without doing a hard-pull; they have all the information they need - but choose to do a hard?
Hmmmmmmm.

Really, the only thing that is not optional about credit reporting is that *if* you decided to report, you should do it accurately. They don't have to pull credit to give you an account, but if they choose to do so, they can choose how to pull as long as they have PP, and they don't have to report your account, but if they choose to do so, they should do it accurately.

Re: How do you see a soft v. hard pull?

Junejer — Thu, 22 May 2008 15:12:31 GMT

The pullers of credit have agreed with the CRAs that they will report when you the credit seeker are seeking credit. This is just a way for the potential creditors to be put on alert that you are seeking credit, as it is part of the FICO scoring formula. That's why you get dinged for INQs.