Hard inquiries typically drop a credit score by a few points and stay on the report for 12โ24 months (impact fades quickly). Multiple mortgage or auto-loan inquiries in a 14โ45 day window usually count as one for scoring purposes โ encouraging rate shopping.
Soft inquiries โ checking your own score, prequalified offers โ never affect your score.
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Ask Auri โ your AI budgeting coach โ how this fits your money habits.
Talk to Auri โFrequently asked questions
How long does a hard inquiry hurt?
Most of the impact is gone within a few months, though the record stays on your report longer.