Search results
Results from the WOW.Com Content Network
A hard inquiry happens when a creditor or lender takes a detailed look at your credit file to decide whether to offer you credit. Scenarios that could trigger a hard inquiry include:
Examples of hard inquiries. Common hard credit inquiries include: Credit card applications. Loan applications (including mortgages, car loans and personal loans) Apartment rental applications.
Employment screening inquiries; Insurance related inquiries; Utility related inquiries; Inquiries that can have an effect on the creditworthiness of a consumer, and are visible to lenders and credit scoring models, (also known as "hard inquiries") are made by lenders when consumers are seeking credit or a loan, in connection with permissible ...
Examples of types of credit include installment, revolving, consumer finance and mortgage. [11] Recent searches for credit (10%): Hard credit inquiries or "hard pulls," which occur when consumers apply for a credit card or loan (revolving or otherwise), can hurt scores, especially if done in great numbers.
The Work Number is an American employment verification database created in 1985 by Talx Corporation. [1] [2] [3] Talx, (now Equifax Workforce Solutions) was acquired by Equifax Inc. in February 2007 for US$1.4 billion.
A background check is a process used by an organisation or person to verify that an individual is who they claim to be, and check their past record to confirm education, employment history, and other activities, and for a criminal record. The frequency, purpose, and legitimacy of background checks vary among countries, industries, and individuals.
Credit inquiries can either be in the form of hard inquiries or soft inquiries, and they can happen for a variety of reasons. ... If you apply for a credit card, for example, the card issuer will ...
In June 2015, OPM announced that it had been the target of a data breach targeting personnel records. [1] Approximately 22.1 million records were affected, including records related to government employees, other people who had undergone background checks, and their friends and family.