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Hard/soft searches for loans
sterlingendeavour
Posts: 3 Newbie
in Loans
Good afternoon mse forummers
Again I come seeking advice reagrding hard and soft searches on my credit file when looking for loans.
Can anyone reccommend some sites for soft searches as I am still in the research stage and do not want to affect my credit rating by doing too many hard searches!
Community bank/ credit union is my frontrunner at the moment 👍
thanks
Again I come seeking advice reagrding hard and soft searches on my credit file when looking for loans.
Can anyone reccommend some sites for soft searches as I am still in the research stage and do not want to affect my credit rating by doing too many hard searches!
Community bank/ credit union is my frontrunner at the moment 👍
thanks
0
Comments
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A soft search basically just confirms your identity. If you want something based on a lender's assessment of your credit worthiness then a hard search will be involved.Tesco bank look like they have some good rates for personal loans1
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Credit rating is a pointless figure. Lenders never see it.sterlingendeavour said:Good afternoon mse forummers
Again I come seeking advice reagrding hard and soft searches on my credit file when looking for loans.
Can anyone reccommend some sites for soft searches as I am still in the research stage and do not want to affect my credit rating by doing too many hard searches!
Community bank/ credit union is my frontrunner at the moment 👍
thanks
Lenders will be looking at your credit history & affordability. Although a lot of hard checks in a short period is not a good look & may lead to deeper checks.Life in the slow lane1
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