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Stock impact report

How credit inquiries affect your credit score [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
Hard credit inquiries occur when someone like a landlord or potential creditor is assessing your credit risk, and these kinds of inquiries can lower your credit score. Soft credit inquiries are typically used to provide you with prequalified credit card offers or to gather information that's used more like a background check, and these kinds of inquiries do not lower your credit score. If you're trying to increase your credit score , chances are you're trying to manage many factors. You're likely making sure you pay your bills on time because your payment history counts for 35 percent of your FICO credit score. You're also probably watching your credit utilization ratio , which counts for 30 percent of your FICO score. But have you also been paying attention to credit inquiries, which make up 10 percent of your FICO score and can sometimes cause it to drop? People might need to inquire into your credit history for a variety of reasons. When you apply for a new credit card , tak Show less Read more
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