Tags Money Management

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

What type of credit check, hard or soft, will be conducted during the application process?

Demetris Boehm ∙

Lvl 10

∙ 2mo ago

Updated: 2/16/2025

During the application process, a soft credit check will be conducted.

AnswerBot

∙ 2mo ago

Still curious? Ask our experts.

Chat with our AI personalities

Blake

As your older brother, I've been where you are—maybe not exactly, but close enough.

Chat with Blake

Professor

I will give you the most educated answer.

Chat with Professor

Jordan

Looking for a career mentor? I've seen my fair share of shake-ups.

Chat with Jordan

Add your answer:

Earn +20 pts

Q: What type of credit check, hard or soft, will be conducted during the application process?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

Does Klarna require your social security number during the application process?

Yes, Klarna may require your social security number during the application process for identity verification and credit check purposes.

How many times did the dealership run your credit during the car buying process?

The dealership ran my credit once during the car buying process.

Can you apply for a secured credit card online?

You can apply for a secured credit card online. Most applications will require that you have a checking account that you can use to fund the secured credit card during the application process, and many will charge a yearly fee to maintain the card.

How much does your credit score typically drop after buying a house?

The impact on your credit score after buying a house can vary, but it's common for it to drop by around 5-10 points. This is due to factors like taking on a new loan and increased credit inquiries during the mortgage application process.

How is credit limit determined?

Credit limit is determined by the information given to the company during their application. The person's income and credit score play a big part in the limit.

Trending Questions

Where Do I Get An Application For An SBA Loan? What is cost principle? What are the advantages of choosing an LLC over a corporation? Who provides capital to the business? Understanding the timing of annuity cash flows important? What different options are available for litigation financing? Is a platinum credit card more valuable then a gold credit card? What is the value of one kilo gold in euros? Can I use my IRA as collateral for a loan? What is the average personal debt asset ratio of individuals? What companies offer forgiveness in regards to credit card debt? What resources would one use to find the lowest home equity loan rates? How can companies establish a competitive advantage? Top 10 richeast rapper alive? What are the gaps in disaster recovery plan? Who is the richest person in Moldavia? What is full form of ATM? When investing you should always check what? Is it better to ladder CDs or buy one large one? Where can one find their credit card rate?

Related Questions

Does Klarna require your social security number during the application process?

Yes, Klarna may require your social security number during the application process for identity verification and credit check purposes.

How many times did the dealership run your credit during the car buying process?

The dealership ran my credit once during the car buying process.

Can you apply for a secured credit card online?

You can apply for a secured credit card online. Most applications will require that you have a checking account that you can use to fund the secured credit card during the application process, and many will charge a yearly fee to maintain the card.

Is it legal to ask for a cosigner after a car is repoed?

You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.

Do colleges contact recommenders during the application process?

Yes, colleges may contact recommenders during the application process to verify information or ask for additional details about the applicant.

When do they drug test you during the application process and do they random?

When you die

Does my child need to be present for the passport application process?

Yes, your child typically needs to be present during the passport application process to verify their identity and for the application to be processed accurately.

How much does your credit score typically drop after buying a house?

The impact on your credit score after buying a house can vary, but it's common for it to drop by around 5-10 points. This is due to factors like taking on a new loan and increased credit inquiries during the mortgage application process.

How is credit limit determined?

Credit limit is determined by the information given to the company during their application. The person's income and credit score play a big part in the limit.

Do companies typically ask for transcripts during the job application process?

Yes, some companies may request transcripts during the job application process to verify a candidate's academic qualifications and performance.

How many times can a dealership run your credit during the car buying process?

A dealership can run your credit multiple times during the car buying process, but typically within a short period of time to minimize the impact on your credit score.

Can a dealership run your credit multiple times during the car buying process?

Yes, a dealership can run your credit multiple times during the car buying process to check for loan approval and interest rates. Each credit inquiry may affect your credit score slightly.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.