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Hard vs. Soft Pulls and Why Depositors Should Care

Monday, January 4, 2010 - 7:14 AM
A reader just asked about the significance and fuss over hard vs. soft pulls (also called credit inquiries). Many banks and credit unions will do a hard pull when you apply for deposit accounts, and this can temporarily ding your credit score. A good review of this issue is at this MyMoneyBlog post

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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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