Matters Pecuniary ... credit cards, banking, debt management, |
Credit check basics [video]
Transcript: A company may perform a credit check to gain insight into your credit history. The company could request any number of details from your credit file, including the amount of debt that you owe and how many times you’ve missed a payment. Hard credit checks and inquiries are visible to anyone accessing your credit report. A hard credit check will usually result in a credit score decrease. Soft credit checks and inquiries are only visible to you and don’t affect your credit score. Before applying for credit, it’s important to confirm if a hard credit check will …