FitDay is a free, online calorie counter and weight loss journal. Get your free account. New Diet Software New software that's easier, faster, and more advanced than the FitDay website. Plus, no more connecting to the internet to track your diet and fitness. learn more >>
A hard credit check is one that can negatively impact your credit score. These occur when you give a lender permission to check your credit history with the intent to open up a new line of credit. Each hard credit check can cause your score to drop by roughly 5 points and can affect your score for 6 months to a year. The hard credit pull is visible to anyone and will remain on your credit report for up to two years.
Most of us know applying for a mortgage, credit card, or loan will result in one, but did you also know things like opening a bank account, getting cable/satellite TV, or a new cell phone provider can all result in hard pulls? With Experian, hard inquiries will drop off your credit report at the end of the month following two years. With TransUnion and Equifax the hard inquiries will fall off exactly two years later. With soft inquiries there is no impact to your credit score, so they are not something to worry about.