What is a Soft Inquiry?
Posted by Jo on February 25th, 2013
A Soft Inquiry falls under three categories:
1) When a consumer checks their own credit
2) When a Creditor does an Account Review
3) When a potential creditor reviews the credit report for Promotional Purposes
A Soft Inquiry does NOT lower the credit score, so a consumer may check their own reports as they please with no adverse action to the scores.