Does a soft pull place an inquiry on the customer's credit?

Does a soft pull place an inquiry on the customer's credit?

No and yes. There are two types of inquiries: hard and soft inquiries.

Hard inquiries are what people typically think of when they think of inquiries. They are the ones FICO uses to calculate a credit score and have a tendency to lower your score. They are commercially visible and set of trigger leads. 

Soft inquiries on the other hand do not affect a credit score. FICO® does not use soft inquiries when calculating a score. They are on the report to inform the consumer that a company checked their credit. After all, people should know who is looking at their credit report!

So no, a soft pull does not place a hard inquiry on a consumer's credit file.

And yes, they will appear as a disclosure but will not be counted as an inquiry to FICO. 





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