SP VS HP - anyone know what if any differences there are in terms of what is seen?

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MemberSince99
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SP VS HP - anyone know what if any differences there are in terms of what is seen?

Postby MemberSince99 » Thu May 30, 2013 6:35 am

I saw this question posted on FICO, and there was not a consensus so it got me thinking - does anyone know if there is any difference in what is seen between the two, preferably someone in the industry who has done it?

I mean we all see where companies are softing us for whatever reason - they can be current lenders or they could be companies we've never had a thing to do with. Do they see our entire report just like a hard pull, but without the ding to your score essentially?

I'm guessing and this is just a WAG here, but I'm guessing an AR sees the whole thing, as you have a current relationship with this company and they are reviewing your account without giving you a ding on your credit as if you are seeking new credit (which is only fair as you aren't seeking new credit. I'd be very upset if they hard pulled me for an AR, but no one has ever done that to me). Then for the PRM or promotional inquiries, I suspect they may see less information about you, which could possibly help explain why you get "pre-approvals" in the mail sometimes then apply and get shot down.

Does anyone know if that's the case? Just kind of curious about all of that.


Robrus1
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Postby Robrus1 » Fri May 31, 2013 9:59 pm

I'm not sure but I have a friend who works in the industry and will know. I'll find out when I meet him for drinks on Monday.
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MemberSince99
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Postby MemberSince99 » Fri May 31, 2013 10:07 pm

You rock man!

Robrus1
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Postby Robrus1 » Fri May 31, 2013 10:38 pm

Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

MemberSince99
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Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Fri May 31, 2013 10:43 pm

Did you read the last part of that link? It said that people figured out if you did enough soft pulls, it would remove the hard pulls, but you'd get a split file. I bet some of the FICO dudes were pulling that thing every day trying to get their inquiries down so they could app for another Amex!

Robrus1
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Postby Robrus1 » Fri May 31, 2013 10:51 pm

Haha yep! I have a feeling that has been remedied, but maybe not. If not, I can almost guarantee I have a split file just because it seems like Amex soft pulls me 84 times a day.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K



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