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Soft credit search question.
triffid123
Posts: 70 Forumite
What is the difference between a soft search and a hard search of your credit record for a lender?
I know a hard search affects your credit score and soft one does not, but what is the difference in information the lenders see?
Do they see the same info for both?
I know a hard search affects your credit score and soft one does not, but what is the difference in information the lenders see?
Do they see the same info for both?
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Comments
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Lenders don't see soft searches at all AFAIK.0
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You missunderstand, i know they cant see the soft searches, but what credit file info do they see? do they see the same credit info as a hard search? or is it less and if so how much less? what credit file info is shown during a soft search?0
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triffid123 wrote: »You missunderstand, i know they cant see the soft searches, but what credit file info do they see? do they see the same credit info as a hard search? or is it less and if so how much less? what credit file info is shown during a soft search?
What? You're not making any sense. If a lender credit searches you, they won't see table 2 searches. These are recorded when a company checks the details you've given them is correct, like when you take out insurance or get a copy of your credit file etc.
Nobody other than you and the credit reference agencies see them.0 -
Maybe this will help... http://www.experian.co.uk/consumer/questions/askjames248.html0
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Let me make this as simple as i can,
when you a apply for credit, and a company usually does a hard search, they see ALL of your credit report, what debts you have, previous address`s, etc.
What of ALL your credit report do the lenders see if only a soft search is done? Do they see your debt history, previous address`s, etc?
what types of info is pulled during a soft search?0 -
Usually name, address, DoB verification.0
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so they dont see the same info as they would in a hard search?0
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No. Hard searches include all your account information to give the lender an idea of how you conduct your finances.0
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Gordon, stop with the being difficult, it makes you look a bored idiot, it's a straight forward question.
A soft search will give the lender ID, default info, CCJ and bankruptcy information. A hard search will check this and account info.0 -
Jog on, you mug.0
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