The credit inquiry will appear on the applicant’s credit report but will generally have minimal impact on their credit score unless their credit profile is already in a delicate state.
These checks are not associated with loan or credit card applications and typically have little effect on credit scores. However, the impact may vary depending on the individual’s credit profile, including factors such as high credit utilization, recent delinquencies, or limited credit history.
Additionally, submitting multiple loan or credit card applications in a short time frame could negatively impact a credit score, as credit bureaus may interpret this behavior as a sign of financial instability.
Note: All inquiries will stay there for 3 years.
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