Lisa Nguyen
Transportation Researcher, UCLA
Hard Inquiry
In This Article
Definition
Credit check that appears on your report and may temporarily lower your score, typically from loan or credit applications.
Related Terms
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FAQs
Do gig apps do hard credit pulls?
Most don't for driver onboarding, but some financial products within apps may.
Similar Terms
Credit Utilization
Percentage of available credit being used. Keeping below 30% (ideally 10%) helps maintain good credit scores.
Soft Inquiry
Credit check that doesn't affect your score, used for background checks, pre-approvals, and personal credit monitoring.
FICO Score
Most widely used credit score model, ranging 300-850, used by 90% of lenders for credit decisions.
VantageScore
Credit scoring model created by the three bureaus as alternative to FICO, shown on many free credit monitoring services.
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Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.