Your credit history is checked any time you apply for credit. In order to be accurate upfront and avoid changes after, we prefer to perform a hard credit history check, which typically has a small impact on your credit score — 3-5 points or less. According to FICO, this small impact is restored in a few months.

A hard credit check uses the middle of three credit scores to help determine how much you can borrow and at what rate.

Updated on: 16 / 08 / 2022