Enquiry type

[soumendunanda]

How to identify a hard enquiry and soft enquiry? what's the difference

 

[ashwinkashwink is verified member.]

How to identify a hard enquiry and soft enquiry? what's the difference

Hard enquiry is banks or NBFC companies do for checking your credit worthiness and updates what you have been applied for.
Soft enquiry is just a checking of credit history and score by you..

 

[StanRoute66]

Hard enquiry is banks or NBFC companies do for checking your credit worthiness and updates what you have been applied for.
Soft enquiry is just a checking of credit history and score by you..

sort of true but not quite.
Hard Enquiry is something you see in CIBIL Enquiry section . Example : Personal loan , Credit card enquiry which shows on CIBIL
Soft enquiry is something you cant see and has no effect on your CIBIL . Example , when bank check your credit worthiness and when you refresh your CIBIL score through any Platform .