Your middle score is typically used by mortgage lenders when determining your mortgage eligibility. To obtain your middle score, your lender will obtain a credit score from each of the three major credit bureaus (Experian, TransUnion, and Equifax). Of those…
When someone reviews your credit, it will be a hard inquiry or a soft inquiry. Soft credit inquiries Soft inquiries do not affect your credit and only you can see soft inquiries on your credit report. Hard credit inquiries Hard…
When you check your credit, it’s important to not just obtain a credit report from one bureau. There are three major credit bureaus: Experian, TransUnion, and Equifax. Your reports at each bureau may not always have the same information, typically…
If someone is considering extending credit to you, they may view your credit report to analyze your credit history and determine how much credit they’ll extend. Why do variations of the term “credit inquiry” matter? Anyone accessing your…
When you close an account or tradeline, you retain the age of that tradeline for 10 years. But, you could still be negatively impacted by a closed account. For instance, closing a credit card will result in a higher utilization…