biggilrdee

1 Contributions 3 People Helped

Member Since: February 2013

Most Helpful Contribution

Hard Inquiries and Soft Inquiries

Feb 18, 2013
Helpful to 3 out of 3 people

Recently, my child went auto shopping and I allowed her to use my SS# as we knew she would need me co-sign.  Well, not knowing that credit inquiries would reduced my credit score and the numbers of lending institutions that the auto dealers check with,3 dealerships and 15 inquiries later, my credit score dropped 60+ points. Now I have to wait 2 years until the "hard-checks" will be removed.  I truly wish I had heard about Credit Karma sooner!!! I am going to refer everyone I know to this web-site.

Activity (1 Total Contributions)

Hard Inquiries and Soft Inquiries

Feb 18, 2013
Helpful to 3 out of 3 people

Recently, my child went auto shopping and I allowed her to use my SS# as we knew she would need me co-sign.  Well, not knowing that credit inquiries would reduced my credit score and the numbers of lending institutions that the auto dealers check with,3 dealerships and 15 inquiries later, my credit score dropped 60+ points. Now I have to wait 2 years until the "hard-checks" will be removed.  I truly wish I had heard about Credit Karma sooner!!! I am going to refer everyone I know to this web-site.