- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
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.