Soft Credit Check: The Stealthy Way to Assess Your Financial Health

There are several components that make up your credit score, each impacting it in a different way. About 10% of your credit score is defined by inquiries for new credit, otherwise known as hard inquiries. There is another type of credit inquiry, however: a soft credit check. However, there are a few areas that could benefit from further expansion or clarification:

1. Explanation of creditworthiness: The article briefly mentions that credit scores determine creditworthiness but does not elaborate on what creditworthiness means. It would be helpful to explain that creditworthiness refers to a borrower's ability to repay debts and is a measure of their financial reliability in the eyes of lenders
2. Impact of hard credit checks on credit scores: While the article mentions that hard credit checks can lower a FICO credit score temporarily, it could provide more information on how much of an impact they typically have. Including a range, such as a decrease of 5 to 10 points, would give readers a better understanding of the potential effect.
3. Importance of credit reports: The article briefly mentions the importance of checking one's credit report regularly, but it could further emphasize the significance of reviewing credit reports for accuracy and identifying any potential issues or fraudulent activity.
4. Benefits of soft credit checks: While the article mentions various situations where soft credit checks are used, it could provide more examples or case studies to illustrate how individuals can benefit from these inquiries. For instance, discussing how soft credit checks are commonly used by employers during the hiring process and how they can help assess a candidate's financial responsibility and trustworthiness.

1. Additional sources and citations: It would be beneficial to include references or citations to support the claims made in the article, especially when discussing the impact of credit checks on credit scores. This would enhance the credibility of the information presented.
2. Target audience engagement: To make the language more engaging and appealing to the target audience, consider using relatable examples, storytelling techniques, or analogies to help readers grasp the concepts more easily. Using real-life scenarios or practical situations can also help readers relate to the content and understand its relevance.

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