Category: Credit Scores

Soft and Hard Credit Checks – What’s the Difference?

I think that in this day and age, most people are familiar with the concept of a credit score. Whenever you borrow money or apply for any form of credit, you will need to be credit checked. That is, the lender takes a look at your credit score and credit history and uses these to make a decision as to whether they are happy to lend you the money or not.