What are credit inquiries and how do they affect my credit score?
An example of an AI chatbot conversation about credit inquiries and their impact on credit scores.
What are credit inquiries and how do they affect my credit score?
Credit inquiries are requests to check your credit report. They can be either hard or soft inquiries.
What's the difference between hard and soft inquiries?
Hard inquiries occur when you apply for credit, while soft inquiries happen when you check your own credit or a lender checks it for pre-approval.
How long do hard inquiries stay on my credit report?
Hard inquiries typically remain on your credit report for about two years, but they only impact your score for one year.
Can I remove a hard inquiry from my credit report?
You can dispute inaccurate hard inquiries, but if they are legitimate, they cannot be removed before the two-year mark.
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