Hard vs soft inquiry information

[pokerpro]

Please explain If a creditor can review your credit report as both hard and soft pulls Thn why really demand a hard pull for a CL increase I don't get it ,

[RobertEG]

Requests for a CLI are consumer-initiated requests for credit, and are properly  included in your CR and viewable by others (i.e., a "hard inquiry").

How a creditor can report and code a request for CLI increase in a manner that excludes it from your CR is a total mystery to me, other than to provide a difference permissible purpose for the inquiry.

Internal account reviews by existing creditors are not related to consumer-initiated requests for new or additional credit, and have their own reporting codes that prevent their inclusion in your CR, and thus in scoring.

Any credit or insurance transaction that is not inititated by the consumer is barred under FCRA 604(c) from inclusion in a credit report that is viewable by others.

[pokerpro]

Thank you Robert So if they do code it in one way or another What can the lender view in a soft pull ??? I read somewhere that it's quite limited history , sometimes only the FICO score Which makes sense with al those preapproval offers that can still end up being denied credit

[RobertEG]

I have never seen an adequate explanation of how any credtior can state as a permissible purpose one that normally results in posting to a consumer's general credit report, yet prevent the inquiry from posting. 

I have never seen a listing of CR inquiry codes that includes an inquiry stating "for review of extension of credit, but block this inquiry from the consumer's credit report."

I can only presume that a creditor who is able to post an otherwise hard inquiry as soft is doing so by reporting a permisslbe purpose other than the real purpose.

I have never even seen an explantion of whether credtiors provide an inquiry code at the time of requesting a consumer's credit report, or whether the CRAs generate the appropriate code based on the stated permissible purpose.  The whole process remains a mystery to me.