There are two form of borrowing issues, softer questions and hard concerns. Soft questions exists in the event the credit file are looked it is fresh to have a look at your own creditworthiness. Flaccid inspections usually are to possess advertising and you will informational aim.

Tough questions exists when lenders look at the credit file manageable to check your own creditworthiness because a borrower. Tough checks are used to determine whether to refuse or take on their borrowing from the bank application. [Read more…]