Does Verizon do a hard credit check?

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talbach
 
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Does Verizon do a hard credit check?

Postby talbach » Thu Oct 10, 2013 7:15 pm

I got a promotion in the mail for a $300 Amazon gift card or a $300 Visa gift card if I switch to Verizon. It requires a 2 year contract I have to be locked into for Fios internet + TV + phone.

If I take them up on this, will they be doing a hard credit check/credit inquiry or is it a soft pull?

How about Verizon Wireless, is that a hard or soft check?

Thanks


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Terry
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Postby Terry » Thu Oct 10, 2013 7:57 pm

Hard pull for all new accounts.
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talbach
 
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Postby talbach » Thu Oct 10, 2013 8:15 pm

Are you sure they do it for all new accounts because I was under the impression that utilities don't do hard pulls. My internet and TV is a utility isn't that kind of messed up Verizon will ruin my credit score with a hard credit check?

Can you opt out anyway?

That's ridiculous it's not like I am applying for a loan or anything

432521
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Postby 432521 » Thu Oct 10, 2013 9:21 pm

It is going to be a hard pull, if I am not mistaken all utility companies do hard pulls as well.
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whit
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Postby whit » Thu Oct 10, 2013 9:30 pm

Do you mind sharing the details? Is this something that anyone can get or only those who received the marketing promo?

I recently am changing to Verizon for mobile

But I don't mind doing the Internet and tv if its competitive in pricing with my current set up

sakhalin
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Postby sakhalin » Thu Oct 10, 2013 11:37 pm

Verizon is a hard pull, they do this to determine if you need to submit a deposit (or amount of deposit). A hard pull from Verizon will not "ruin" your credit score.
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Freedomtodiscover
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Postby Freedomtodiscover » Fri Oct 11, 2013 2:27 am

I think if you've been with them in the past and the account was in good standing they won't pull your credit. Otherwise, it will be a hard pull.
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Postby DoingHomework » Fri Oct 11, 2013 1:11 pm

talbach wrote:Are you sure they do it for all new accounts because I was under the impression that utilities don't do hard pulls. My internet and TV is a utility isn't that kind of messed up Verizon will ruin my credit score with a hard credit check?

Can you opt out anyway?

That's ridiculous it's not like I am applying for a loan or anything


In my experience Verizon does a hard pull. One hard pull will not ruin your credit. And it is like a loan - 24 months times $200 per month or whatever is a $4800 commitment to pay over 2 years.

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Postby DoingHomework » Fri Oct 11, 2013 1:13 pm

432521 wrote:It is going to be a hard pull, if I am not mistaken all utility companies do hard pulls as well.


All utility companies do not do hard pulls. In my experience very few do. But wireless companies do because there is a term commitment.



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