topic Re: When does hard pull reflect score in Understanding FICO® Scoring

When does hard pull reflect score

vegas757 — Tue, 29 May 2012 01:06:09 GMT

I've read where "hard pulls", even one, could cause a minor decrease in your Fico score. My question would be then when a creditor conducts a hard pull, is the score that he or she gets at the time of the check, already reflecting this possible decrease? Or will the decrease show up if you checked your score say 2 days later? Example: say there would be a 5 point decrease by conducting a hard pull... If the bank says I have a 700, would it be 700 one week later or 695 due to the recent hard pull? (for sake of argument, no other changes to bureaus. Just wondering when would you see the score decrease if there would be one).

Re: When does hard pull reflect score

pizzadude — Tue, 29 May 2012 03:26:57 GMT

@vegas757 wrote:
I've read where "hard pulls", even one, could cause a minor decrease in your Fico score. My question would be then when a creditor conducts a hard pull, is the score that he or she gets at the time of the check, already reflecting this possible decrease? Or will the decrease show up if you checked your score say 2 days later? Example: say there would be a 5 point decrease by conducting a hard pull... If the bank says I have a 700, would it be 700 one week later or 695 due to the recent hard pull? (for sake of argument, no other changes to bureaus. Just wondering when would you see the score decrease if there would be one).

The potential score decrease would occur after the inquiry has occured. When creditor pulls your reports the inquiry is counted in any subsequent credit reports/scores.

Re: When does hard pull reflect score

Anonymous — Tue, 29 May 2012 16:39:55 GMT

Hi! When you ask for a credit increase ask if the do a soft pull or a hard pull.

Thanks

Re: When does hard pull reflect score

pizzadude — Tue, 29 May 2012 17:42:25 GMT

@Anonymous wrote:
Hi! When you ask for a credit increase ask if the do a soft pull or a hard pull.

Thanks

Who is the creditor ? It varies, some will do a CLI with a soft, others require a hard.