Posting at 05:48 PM, Sunday, February 25, 2024.
L30B; The Next Blog and Subtitled; NO LONGER DO I HAVE ISSUES WITH THE CAP-1 BANK, AS THEY WERE MERELY FOLLOWING STRICT RULES IN PLACE ABOUT HOW CREDIT STUFF IS MANAGED 4 ALL CITIZENS EVERYWHERE, AND BELOW IS ONE EXAMPLE FROM THEIR RECENT E-MAIL 2 ME
Back while I was under my 'Stockholm Kidnapping Situation', or 4 shortened abbreviation, back in 2008 and 2009, my 'SKS'; I blogged and told once coming down here 2 Flowerland-USA and AKA FLORIDA, how my account with the great wonderful C-1 BANK had recently caused me a major total disaster. I needed 2 use some life insurance money that I had recently cashed out from an old 1985 Prudential Insurance Life Policy, with my mom as the beneficiary, and allowing a cash surrender value as well as a maturity date with a much larger sum, should I have been able 2 wait longer and let it cash itself out at the time of maturity; 2-B paid out 2 me in 40 years which would B somewhere around next summer time in 2025, and it would have been around fifty grand then, but I got a little bit over 5 grand in late 2009 when I absolutely needed 2 use it. Well, so I took it and ran as the old expression goes, only with me, it was literal, as I RAN FAST AND FAR AWAY FROM THAT FAMILY OF 1970 WASHCLOTH NIGHTMARES FROM DOGTOWN!!!!!!!! Here is what happened. When I got the life insurance money, and I had a balance on my C-1 VISA CARD if memory is accurate, and if I am wrong then it was a MasterCard account, but it definitely was with the great and awesome CAPITAL 1 BANK, so what I did was 2 cash out the insurance policy, and paid off the credit card bill, thinking that my credit line of 5,000 bucks would remain in tact, since I had never missed a payment with the bank. HOWEVER, credit doesn't operate that simply, and it has literally millions and vaquillions of goddessdog rules and regs 2 it all, as 'most of U adult peeps' out here in 'Cybe-Villa' know about only 2 dern glass well!!!!!!!!!!!!!!! ''SOOOOOO'', quoting me' ole' coworker and pal from 1991 and 1992, Sir Art Crane, from the TCE Plant; as soon as I paid the visa card off or about ten days later, a bill comes showing a remaining balance of 2 hundred and some change dollars, and a credit line adjustment of only 700 smacks, lowering me by 43 hundred smackeroos and after I had almost paid off a gigantic sum of money. The bank did not C things that way of course. Due 2 my kidnapping situation and being constantly and endlessly bilked and nickel'd and dimed out of huge amounts of my tiny little social security and part time job 'pennyanny' pittance monies by this family from HELL; (Dogtown), I was starting 2 make a few late payments 2 some of me' other credit accounts at banks and stores back there in Jersey as 2009 grew later into the closing of the year. I had just began reestablishing me' credit when this horrible washcloth clan from 1970 Ventnor Washcloths of just out beyond the Purgatorial Dogtown Gates grabbed me up and convincing me that I would save money by moving in with them, and against the advice recently given me by a once local area hero-rock star, the great human percolator, Mister Billy Harner, of Pine Hill, NJUSAESMWG!!!!!!! He told me one day at his barber shop, just a couple of years earlier from 2008, when this all went down, “Mark stay 2 yourself, don't go living with people”! Goddamn it world, this guy was giving it 2 me straight up, flat out, and arrow shot right; and even the awesome wonderful President Joseph Robinnette Biden, our 46th President of these fantastic United States of America, couldn't “shoot me straighter than that”!!!!!!!!!!!!!!!!!!!!!!!! I am quoting the guy, oh world, and oh wonderful FBI, so just U ask Mister Joe if I am lying here, y-O!!!!!!!!!!!! And here comes me' first frucking goddessdog (y-O-HACK) of the damn day, YO, and yes, I looked that time, and whenever I look, the SPAMMENIES do not try their evil demonic trick with me and the keyboard, or MATK 4 short here, pronouncing this as 'MATT-KAY'' if U wish, as this MATTKAY deal is beyond any possible coincidence and all Q-P out here know it is the truth, from the mighty world renown Professor and resident of NYC, sir Michio Kaku 2 many other associates in his field. So finishing this out, I was late by one month on several of me' other accounts due 2 THAT FAMILY of 1970 WASHCLOTHS all suddenly right there up in my face and robbing me out of my needed monies 4 paying me' smother trucking bills. Rather than my paying out less money as was promised, these stick-flick-Scumholeweeds peeps were bleeding me dryer than Drought River on Amy Cooley Steroids (ACS)!!!!!!!!! Now my credit limit was lowered from 5 grand down 2 only 7 bills, and with a remaining balance of around 240 smacks give or take. So when I ran away 2 Flowerland one week after that bill had come in, I ran up the remaining available credit so that I could get down here and live on it until I could get myself situated, and nearly had me' car repossessed and would have if I had not done a lot of fantastic negotiating with the creditor who then in those times had me' car loan, that later was sold 2 me' TD BANK, and shortly after my account was switched over from Wells Fargo Bank, after this area opened up some branches at TD, as when I first got down here, they still were the COMMERCE BANK, and had not come into the town of Fort Pierce as of yet. When my car loan was fully paid off shortly thereafter, in early middle 2012 somewhere, if memory is serving me correctly; I was able 2 survive without working any longer, since I was in a Public Housing Building that only takes 30 percent of a person's income. But back a couple years earlier from there in me' final days under me' SKS nightmare shkituation living with the KING FAMILY of Egg Harbor and Atlantic City, in NO-JOY-ZEE-USA; and me' credit was becoming ruined because me' needed funds 4 paying me' frucking bills, were being stolen from me by force and threats and major intimidations, done by frightening monster sleaze-girl, Mizz DAWN-MARIE KING. Magnesonic picked this enemy up, who wiped out my entire life totally and completely, and in just over one year from the 'non-1980-Robbie Dupres' night' that I finally had the courage 2 run away into the darkness of night from me' weekend job and down here 2 Florida-USA, and having absolutely nothing directly 2 do with the Dark Shadows TV show form many decades ago from even those days, nor lovely Mizz Kathy Leigh Scott and her one role on the show out of many of them as Mizz Josette Dupres'; but then along comes that endless in my face, James Redfield biblical seek and find expansion technique or SAFET!!!!!!!!! But getting back 2 my credit nightmare that I still am suffering through 2 this very damn glass day, due 2 old debts and the KING caused crapola; when I phoned up the C-1 Bank 2 ask Y my limit was reduced from 5-K-$, down 2 only $700, they said that if I study what I signed when I applied 4 credit with their bank, and this is standard with most banks they also went onto 2 tell me, that they examine my payment history with other lenders and even if I am completely current with the account with them, they can and will reduce credit limits if they find a customer with 2 much delinquency and late payments on other accounts. That is Y my limit was reduced, but I was still so pissed that I used the remainder of the available credit and never repaid it. Now this being 2024 and 14 years after 2010, and my first year here in Florida, following my THAT FAMILY WASHCLOTH 1970 NIGHTMARE FROM HELL (TFW1970NFH) 4 shortened abbreviation here; the credit bureaus don't worry about ancient history when determining credit scores and 4 the most part do not report 2 anybody anything that pertains 2 ancient debts not satisfied, knowing that peeps have major issues and problems in their lives and should naught B eternally flucking penalized 4 having things happen 2 them that R completely out of their futhermucking control, and this is Y when my credit is pulled and checked even on HARD PULLS, nothing shows up from that long ago unless a special investigation is done and 4 the most part, this can only B performed by military and government personnel. No ordinary creditor, landlord, nor prospective employer has access nor a right 2 stuff dating back into a person's history, unless it is 4 reasons that would involve a security situation and 2 check into criminal activity and unless a person is prosecuted 4 a crime, any and all debt and credit action remains on the civil side of the court system. A creditor needs 2 prove FRAUD was committed against them and then when the crime is prosecuted successfully, this is where a much longer statute of limitations can B imposed, all the way into a full twenty goddamn years or so I have been told. But this is part of Y-4 a long while, I didn't like that bank, and now I have 2 accounts with them, the Walmart MC Account, and recently the Quick silver MC Account. I never missed one payment, and pay balances in full without fail. I also do this on all of me' other credit card accounts, 3 stores, and several other bank cards. I get offers all the time 4 other cards but do not wish 2 gamble on the odds of hard pulls, as when I was a damn young adult, they all went off a person's report much quicker, back then I know it was a range of 90-180 days, and pow, it was off your credit report. Now it ranges between one and 2 goddamn years, so SCREW-THAT. I am no longer going 2 apply 4 other cards no matter how many zillions of offers keep coming me' way, YO WORLD ALDARE, YO!!!!!!!! But there is a difference betweeen 'SOFT PULLS' and 'HARD PULLS'. Recently I got an email form this wonderful bank, and hopefully they won't object 2 me pasting in a little bit of information concerning this very subject. So WOW-WOW-WOW-WOW-WOW-WOW-WOW-W-O-W-O-W-O-W-O-W-O, and youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-youthful offender-youthful-offender-YO-YO-YO-YO-YO-YO-YO-YO-YO!!!
Soft vs. Hard Credit Checks: What are the Differences?
How to tell which kind of inquiries will affect your credit score.
By Capital One Sep 14, 2021
Capital One
Originally published on March 23, 2018
Article QuickTakes:
If you were ever in the market for a new car, home, or any other relatively large purchase, then you’ve probably heard about credit inquiries. They typically occur when an outside party such as a credit card company, bank, or an employer accesses your credit report. There are two kinds of these checks, also referred to as “credit pulls.” Learn about the differences between hard and soft credit checks below.
WHAT IS A HARD INQUIRY?
A hard inquiry occurs when a lending institution or entity checks your credit to help make a decision on extending a loan or a new line of credit. Hard credit inquiries occur when applying for items such as mortgages, auto loans, or new credit cards. Hard pulls typically result in just a small ding to your credit score, but multiple hard credit checks within a short time frame can potentially add up. For example, if someone applies for several different credit cards at the same time, this may signal to lenders that the applicant is desperate for cash and may have trouble repaying debts.
Fortunately, there are measures in place that help alleviate the impact to credit scores when shopping around for the best auto loan rates. Plus, any hard inquiry will typically require your authorization.
WHAT IS A SOFT INQUIRY?
Soft inquiries take place when a person or a company accesses your credit report as part of a more general background check for purposes other than making specific lending decisions. For example, if you are applying for a new job, the prospective employer may run a soft inquiry on you. Pre-qualifying for a car loan is another example of a soft credit inquiry, since it is not actually a guarantee of being approved for anything. Instead, it should be viewed as an invitation to apply for the car loan.
The chief difference between hard and soft credit checks is that a soft inquiry will not affect your credit score. Another differentiator is that they may be recorded in your credit report, but not always. The determining factor of whether or not a soft inquiry will appear on your report boils down to the specific credit bureau calculating your score.
IMPACT OF SOFT VS. HARD INQUIRY ON THE CREDIT REPORT
The amount of time a soft inquiry vs. hard inquiry remains on your credit report can vary depending on the reporting bureau and the type of credit pull. The duration of the inquiry on the report is also not an automatic indication of how long it will impact your credit score. Most hard inquiries will remain on the report for around two years, however they only negatively impact your score during the first year in many cases.
For example, say you apply for an apartment and receive a hard credit pull from the prospective landlord or property manager. As you continue to apply for more lines of credit elsewhere, requesters could see the hard pull listed on your report for the next two years. However, if you are meticulous about paying your bills on time with financial tools like autopay and keep your overall credit utilization rate low, your score after one year may boomerang back to a healthy state. Since many lenders are most concerned with your overall credit score, the impact of the hard pull to your report after a year of restoring your credit may seem minimal.
Since it is not standard for soft credit pulls to always appear on your credit report (it depends on the reporting bureau), the timeline of how long a soft pull will remain may vary. Even though it may appear on the report, it still does not have any impact on your credit score, which is a key element of how well you may qualify for additional lines of credit. Soft credit pulls are also only visible to you. Therefore, potential lenders won’t be able to keep track of how many soft pulls you acquire at any given timeframe.
EXAMPLES OF SOFT CREDIT PULLS VS HARD CREDIT PULLS
A general guide with more examples of hard and soft credit pulls include but are not limited to:
|
|
Hard inquiry |
Soft inquiry |
|
Applying for auto loans |
YES |
NO |
|
Applying for mortgages |
YES |
NO |
|
Applying for credit cards |
YES |
NO |
|
Applying for personal loan |
YES |
NO |
|
Pre-qualifying for auto loans |
NO |
YES |
|
Insurance quotes |
NO |
YES |
|
Employer background checks |
NO |
YES |
|
Checking your credit score |
NO |
YES |
MOUNTAINPEN'S LUNAR CALENDAR:
SUNDAY, FEBRUARY 25, 2024---JWSC-SUN-12-68
CURRENT PHASE IS: FULL MOON
N.M. WXC1 WXC2 WXC3 WXC4 WXC5 WXC6 F.Q. WXG1 WXG2 WXG3 WXG4 WXG5 WXG6 WXG7 F.M. WNG1 WNG2 WNG3 WNG4 WNG5 WNG6 WNG7 L.Q. WNC1 WNC2 WNC3 WNC4 WNC5 WNC6 N.M.
WANING CRESCENT------(W-N-C)
WANING GIBBOUS--------(W-N-G)
WAXING CRESCENT------(W-X-C)
WAXING GIBBOUS---------(W-X-G)
Boy oh boy oh boy Uncle Billy, Frank Capra, and all wonderful lives everywhere. Billy, a different Billy that is, warned me about these peeps, AND GODDESSDOG IT WORLD, I DID NAUGHT LISTEN, MIZZ AT&T LADY OF THE A-C-BUREAU, OH MAH'M!
END TRANSdimensional & END TRANSMISSION.
No comments:
Post a Comment