Comments on: Difference Between Soft Credit Check and Hard Credit Check

By: Hernsie

Hernsie — Tue, 05 Jan 2010 20:00:03 +0000

this is quite a bit of interesting and informative information. had i known this bit of information, it would have been useful to me in explaining to my customers precisely what is a soft credit check. (they kept thinking that it would affect their credit score). thank you so very much

By: Alskar

Alskar — Sun, 13 Sep 2009 17:31:02 +0000

Liberty Mutual did a HARD credit pull when I asked them for a quote on my home and automobile insurance. All of the other companies I had quote my insurance did soft pulls. The Liberty Mutual check delayed the refinancing of my home for over a week while they “looked into it”.

Watch out for Liberty Mutual!

By: Raymond

Raymond — Fri, 17 Apr 2009 06:14:45 +0000

That’s nothing new. Insurance companies, whether they be auto insurers, home insurers, or health insurers – have been using soft credit checks to help them assess appropriate consumer insurance rates for some time now. The good part is that these soft credit checks, unlike hard credit inquiries, are harmless in terms of its potential negative impact on your credit report history or FICO credit score.

By: C

Thu, 16 Apr 2009 18:46:34 +0000

did you know – insurers will now be using soft credit checks to determine your auto insurance rate?

By: hank

hank — Mon, 03 Dec 2007 23:25:26 +0000

This is actually how I got to your site – I was opening a Charles Schwab account for my ROTH IRA and the rep said there was a credit pull and I needed to show him the difference… Awaiting a response from him… Very good post…

By: Means No Cents

Means No Cents — Thu, 20 Sep 2007 13:47:47 +0000

Great post, very informative.