A hard credit inquiry, which occurs when applying for credit, can cause a credit score to drop a few points, remains on a credit report for two years, and can impact a credit score for up to one year.

Authors

• Person: Not available Organization: Centier Bank
  How Does Credit Utilization Affect Your Credit Score? - Centier Bank

Sources

• How Does Credit Utilization Affect Your Credit Score? - Centier Bank www.centier.com Centier Bank via serper

Referenced by nodes (2)

• credit report concept
• credit score concept