What is a soft credit search

A soft credit search, also known as a soft credit check, is a credit search that doesn’t impact your credit rating. Unlike a hard search, only you and the company conducting the search can see it.

A soft credit search, also known as a soft credit check, is a credit search that doesn’t impact your credit rating. Unlike a hard search, only you and the company conducting the search can see it.

When you check your mortgage eligibility with Mojo, we will run a soft credit search for you.

When will a soft credit search happen?

A soft credit search may take place when:

It’s not related to credit, but sometimes new employers will also ask your permission to run a soft search on you.

What’s included in a soft credit search?

A soft search is a background check which checks things like your home address and date of birth, and parts of your financial history.

What’s the difference between a soft search and a hard search

A soft credit search won’t show up on your credit report, which is useful because it means there’s no limit on the number of times you can check your own credit or see how eligible you are for a wide range of credit products.

There are two possible exceptions you don’t often hear about, though:

Unlike soft searches, all hard searches show up on your credit report. Hard searches take place when you apply for things like a mobile phone contract, a mortgage or a credit card.

If you apply for lots of products in a short space of time, lenders may think you’re in financial difficulty and are relying on borrowing money to stay afloat. This can make it harder to get credit in the long run.

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