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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.
Hard inquiries do affect your credit score. You will likely know about them â or rather, you had better know about them â because your consent is required. A hard inquiry is triggered when you actually apply for credit, including a mortgage, credit card, auto loan, student loan, personal loan or a business loan. This inquiry becomes part of your credit report, meaning anyone else who does a hard or soft pull will see the inquiry. A hard inquiry may shave up to 5 points off your FICO score.