Will credit inquiries ruin your credit and your life? There are a significant number of loan officers and finance pros across the nation who seem to take pleasure in perpetuating incorrect information with respect to credit inquiries, to be honest it drives me nuts. This video will break down the truth about credit inquiries.
We teach the difference between soft and hard inquiries, which is important. I also teach the entire breakdown of your credit score.
There are about five important categories that break down your credit score and the percentage that credit inquiries makes up your score is very surprising to a lot of people so watch the entire video to discover the truth about credit inquiries and their impact with mortgages, car loans, student loans, business loans, lines of credit and credit cards!