$m¤¤v¥ £¤¢¤
|
No, these are called "soft inquiries" which do not affect your credit, only when you formally apply for credit a "hard inquiry" can decrease your score several points and can last up to 2 years. If you're wanting to stop receiving pre-screened offers, then click on the link below to opt-out. |
|
Sherri C
 |
It was not a hard inquiry, but a soft inquiry, which cannot be seen by other potential creditors. Often, the credit card companies ask for credit profiles on potential customers and the CRA will send out just the basic information of customers likely fitting the credit criteria.
However, "pre-approved" is just that...should you accept the offer, then a hard inquiry would be run, and that WOULD show. |
|
OC1999
|
The "Pre-Approved" advertisements you get are considered Soft Inquiries. These DO NOT affect your credit report or score in anyway. Now, if you return the application they will pull your credit report and that will count as a Hard Inquiry. Too many of these can start to harm your credit score.
If you do not want to receive these anymore you can go to https://www.optoutprescreen.com to take your name off of these lists. |
|
Preston R
|
While these offers can be annoying.. they will not harm your credit. They are posted as a promotional inquiry where only you as the consumer can see them. Creditors pulling your report will not see them and they do not affect your credit score. Please remember that if you accept one of these offers, it is almost certain that the credit card company will pull a copy of your credit report to assure that you still meet their underwriting criteria. That inquiry will be a 'hard' inquiry that has the potential to affect your score. If you don't like these offers, you can call 1-888-5opt out and have your name taken off of these pre-approved offer screenings. |
|
SPIFIMAN1
 |
No it does not effect your score at all.
This is whats called a soft inquire and credit card companies do it all the time.
Only hard inquiries like when you actually apply for a credit card or loan count against your score. |
|
Dewey K
 |
I don't believe it is unless you generated the inquiry. The credit card companies purchase lists from the credit bureaus. And just because it says "pre-approved" it still has to pass the final approval. Check the information on this site
http://www.1-800badcredit.com/bad-credit-card.html |
|
jgsketch
|
Credit Card companies have contracts that allow them to get certain information about your credit without causing an Inquiry on your credit report. So do not fear that your credit score will go down when you get these pre-approved credit cards.
If you decide to open a new credit card, that is when they will make an official Inquiry into your credit.
http://www.debt-mgt.org can provide more answers to your questions about credit. |
|
arkiemom
 |
They show up as an inquiry but do not affect your score. The only time your score is affected is when you initiate the credit request or open the account. |
|
Russ B
|
A few years ago it was...however, I am not current on this subject. There have been a few changes and I don't know if this is one of them. |
|
D N
|
no they don't look at your credit for that |
|
amy13alexis
|
Those pre-approved things that you get in the mail do not go against your credit. The only time that they do is if you apply for them and are denied. |
|
Neema Farhang
|
I work for bank of america and the truth about the pre-approved deal is that they do not run your credit when you are pre-approved for a credit card. You get the card based off of your relationship with the bank. However, after you get the card the credit bereau runs your credit BUT it dosnt count as an inquiery because its the credit bereau that runs your credit not you....
and i guess thats their right and they do that alot...
so your safe by getting it
i would hold on to it for an emergency. |
|
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
