My insurance co. said they did that
2007-12-11 09:32:10 · 3 answers · asked by gypsy56@sbcglobal.net 2 in Business & Finance ➔ Insurance
This is an inquiry that should not affect your credit score.
This is a different inquiry than if you take out a loan. That type of inquiry can affect your credit score.
2007-12-11 11:25:58 · answer #1 · answered by Boots 7 · 0⤊ 0⤋
A soft hit is when your credit score is checked, but it doesn't count against you. Like an insurance hit, or a pre-approved credit card that you did NOT ask for.
A hard hit is when you ask for credit - like a store credit card application, or a 90 days same as cash deal, or a car loan.
2007-12-11 13:04:36 · answer #2 · answered by Anonymous 7 · 0⤊ 0⤋
Just checking your Debt Ratio.
Many companies do this to see how well you pay or how deep you are in Debt, then 'someitmes' price your policy accordingly.
2007-12-11 09:40:58 · answer #3 · answered by Anonymous · 0⤊ 0⤋