What is a soft inquiry and how does it impact your credit score?

Checking your credit score leads to soft inquiry and does not lead to any harmful impact on credit scoreIt is recommended to check your credit score on a regular basis i.e., once a year or so.
Wealth advisors often recommend investors to keep checking their credit score from time to time. This leads to an array of advantages. You get to know whether there is an error in the credit report that should be rectified and by checking your score regularly, you can keep yourself updated of the changes in your credit report.

Read More