What is a letter of inquiry? Foundations typically indicate what type of materials they prefer to receive when you have a project that you think may interest them. Often, the first contact is via a ...

If you recently downloaded your credit report and it showed a “hard inquiry”, it means that you must have applied for some type of credit (such as a credit card or loan) in the last two years.

Unlike a soft inquiry which is carried out when you check your credit score, a hard inquiry happens when you apply for a loan. This leads to an adverse impact on your credit score, albeit temporarily.