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Funding your Future: Credit report 101

Posted at 10:40 AM, Jun 28, 2017
and last updated 2017-06-28 12:40:32-04

Our financial expert Rachel Langlois from Cyprus Credit Union shared the difference between a soft and hard credit report.

Soft vs. Hard Credit Report

SOFT CHECK
-Check your own credit
-Pre-approval for a loan
-Background checks

HARD CHECKS
-Credit check for line of credit
-Example: "New credit card, car loan, or mortgage"