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2 Views • Jun 8, 2024 • Click to toggle off description
📊 Understanding Hard and Soft Inquiries! 💳💥

Did you know that hard inquiries can impact your credit score? 📉 When you apply for a car loan or a mortgage, lenders need to make a hard inquiry to assess your creditworthiness. 🏦 But be careful, too many of these can be detrimental! 😱

On the other hand, soft inquiries occur when you check your own credit report or when a lender preapproves you for an offer you didn't apply for. 📝 The good news? Soft inquiries don't affect your credit score! 🙌

Knowing the difference between hard and soft inquiries is crucial for managing your credit score effectively. 📈 Stay informed and make smart financial decisions! 💪💰

#CreditScoreExplained #HardInquiriesVsSoftInquiries #ManageYourCredit #FinancialTips #CreditEducation #KnowYourCredit #SmartFinancialDecisions #CreditScoreMatters #StayInformed #FinancialLiteracy #shorts
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Uploaded At Jun 8, 2024 ^^


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RYD date created : 2024-12-10T05:09:48.564315Z
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