DunRey Services

07/14/2022

05/18/2021

03/13/2021

Don’t have the time OR just don’t feel like doing it? We can remove those inquiries for you! We have proven results. Click the link in my Bio and book your consultation or get the inquiry removal E-book! •
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#авто

03/13/2021

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#авто

03/13/2021

•3 Facts about credit you NEED TO KNOW
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#авто

03/10/2021

🟩Soft inquiries

A soft inquiry may occur if Someone checks your credit report but you DID NOT submit a new application for credit. Soft inquiries aren't an indicator of greater risk and thus don't impact your credit scores.

For example, a soft inquiry occurs when:

* ✅You check your own credit

* ✅One of your current creditors checks your credit

* ✅You apply for a soft-pull preapproval with a creditor

* ✅A company checks your credit to see if you qualify for preapproval offers

How Do Soft Inquiries Impact Credit Scores?

✅Credit scoring models generate your credit score by analyzing the information in your credit report.

⚠️Soft inquiries don't have any impact on your credit scores. 😊 🙌🏽👌

Can You See Soft Inquiries on Your Credit Report?

❎You can view the soft inquiries on your credit reports. If you want to get copies of your credit report, you can request one free copy from each major credit bureau, annually.

❎You can also use credit monitoring services to have daily access to your report.

03/10/2021

🟩Soft inquiries

A soft inquiry may occur if Someone checks your credit report but you DID NOT submit a new application for credit. Soft inquiries aren't an indicator of greater risk and thus don't impact your credit scores.

For example, a soft inquiry occurs when:

* ✅You check your own credit

* ✅One of your current creditors checks your credit

* ✅You apply for a soft-pull preapproval with a creditor

* ✅A company checks your credit to see if you qualify for preapproval offers

How Do Soft Inquiries Impact Credit Scores?

✅Credit scoring models generate your credit score by analyzing the information in your credit report.

⚠️Soft inquiries don't have any impact on your credit scores. 😊 🙌🏽👌

Can You See Soft Inquiries on Your Credit Report?

❎You can view the soft inquiries on your credit reports. If you want to get copies of your credit report, you can request one free copy from each major credit bureau, annually.

❎You can also use credit monitoring services to have daily access to your report. •
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#614 #901

03/10/2021

Hard Inquiries / Hard Credit Pulls

⚠️ A hard inquiry usually happens when a lender is checking your credit in order to make a lending decision!

✅A variety of businesses check your credit report to make decisions about you.

✅Banks check it before approving you for credit cards and loans, including mortgages and auto loans.

✅Landlords review your credit report to decide whether to rent to you!

⛔️Hard inquiries have a negative🚫 impact on your credit score‼️

⛔️They cause denial of credit‼️

⛔️Hard inquiries will stay on your credit report for two years‼️

⛔️ According to Experian, a hard inquiry from a lender will decrease your credit score by
5-10 points‼️

⛔️Multiple hard inquiries mean a lower score

⛔️The number of recent hard inquiries on your report makes up about 10% of your score.

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#614 #901

03/06/2021

Click the link in my bio

03/05/2021

t's important to know that there are 2 types of credit inquiries.

✅Soft inquiries such as viewing your own credit report will not affect your FICO Score.

🚫Hard inquiries such as actively applying for a new credit card or mortgage will affect your score.

Examples of hard inquiries:

* You go car shopping and apply for financing at the car dealership and they pull a credit report on you
* You get a preapproved credit card offer in the mail and respond to the offer
* You contact your credit card company and request a credit line increase. The company pulls a fresh credit report on you to help determine if they will grant the line increase.

Examples of soft inquiries:

* Your bank gets an updated FICO Score on all its customers to check the credit quality of its customer base.
* You got a new job and your employer pulled your credit report as part of its new employee screening process. •
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:esquisite

03/03/2021

WHEN DO HARD INQUIRIES HAVE THE GREATEST IMPACT?

Hard inquiries over a short period of time could do enough damage to your credit score to lower it to a different score tier.🛑🛑🛑🛑
They could cause you to be 🚩 to lenders.

✅They have the largest impact in the first 12 months.
✅when there are multiple inquiries
✅When they are within a 6-month period of each other
✅When applying for unsecured credit

⛔️Hard inquiries have a negative🚫 impact on your credit score‼️
⛔️They cause denial of credit
⛔️Hard inquiries will stay on your credit report for two years‼️
⛔️ According to Experian, a hard inquiry from a lender will decrease your credit score by
5-10 points‼️
⛔️multiple hard inquiries means a lower score
⛔️The number of recent hard inquiries on your report makes up about 10% of your score. •
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#614 #901