A credit report is a detailed breakdown of an individual or a juridical person’s credit history that is normally prepared by the credit bureau agency; it is an important piece of document that provides the complete credit transaction history of a business or an individual. Credit reports make good supporting documentation to determine whether such […]
If you were a little worried to see the word “inquiry” on your report, rest assured that is nothing that would damage your credit standing in any way. However, everyone is interested in finding out what hard vs soft inquiries mean. In both cases, inquiries do become a part of your credit report. Although they […]
Applying for a credit card can be a great way to build your credit score. But does applying for a credit card hurt your credit? The answer is yes, it will hurt it temporarily. As soon as you apply, your credit score will drop by a few points because it brings more hard inquiries into […]