what is the impact of a credit check or credit inquiry on your credit score?  explain.
Do credit inquiries affect my credit score? Not all credit inquiries (requests to check your credit report) affect your credit score. There are two different types of credit inquiries (sometimes referred to as pulls): hard and soft. Soft inquiries are not associated with applications for credit and do not affect your credit score. On the other hand, hard inquiries are associated with applications for credit and may affect your score. In general, you may see 3-5 point decrease in your score after the inquiry happens.