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July 20, 2019
Question

New inquiry

  • July 20, 2019
  • 1 reply
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Just received email about a new inquiry on my credit report related to a home loan application. Will this affect my overall credit score?

1 reply

Employee
July 20, 2019

@Rocky593 wrote:
Just received email about a new inquiry on my credit report related to a home loan application. Will this affect my overall credit score?

Yes, it may, but just one hard inquiry will not have a significant negative impact on your score and, even if there is a negative impact it will not be for very long. 

 

See https://www.creditkarma.com/advice/i/hard-credit-inquiries-and-soft-credit-inquiries/