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What’s the difference between difficult and soft issues?

What’s the difference between difficult and soft issues?

Tough issues can impact your credit ratings and generally are initiated of the lenders whenever evaluating loan acceptance, whereas mellow inquiries don’t have any influence on your own credit scores and can be used for prequalification or background checks.

Soft questions are not noticeable to loan providers plus don’t apply at your credit ratings. Read the rest of this entry »

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