How Do You Spell HARD PULL?

Pronunciation: [hˈɑːd pˈʊl] (IPA)

The term "hard pull" refers to a credit inquiry that can affect your credit score. The phonetic transcription of this word is /hɑrd pʊl/, indicating the pronunciation of the "h" sound at the beginning, followed by the short "a" sound, then the "r" sound, and the short "u" sound. The "d" sound is voiced and pronounced differently than the "t" sound, making it a "hard" consonant. The "p" sound is aspirated, signifying the release of a small amount of breath. The final "l" sound is pronounced as a voiced alveolar lateral consonant.

HARD PULL Meaning and Definition

1. A hard pull refers to a type of credit inquiry made by a lender or creditor when seeking to review an individual's credit history and evaluate their creditworthiness. In this context, it is also known as a "hard inquiry" or a "hard credit check."

   During a hard pull, the lender requests access to an individual's credit report from one or more credit bureaus, such as Equifax, Experian, or TransUnion. This inquiry typically occurs when an individual applies for a new loan, credit card, or other form of credit. The purpose of a hard pull is to gather comprehensive information about an individual's borrowing history, including their outstanding debts, payment history, and overall credit usage.

   Unlike a soft pull or inquiry, which does not impact an individual's credit score, a hard pull can temporarily lower their credit score by a few points. This is because multiple hard pulls within a short period may suggest that the individual is applying for credit frequently, potentially indicating increased financial risk.

   It is important to note that hard pulls are typically initiated with the individual's consent. By authorizing a hard pull, the individual allows the lender to access their credit report and make an informed decision regarding their credit application. Additionally, the record of a hard pull remains on an individual's credit report for a certain period, usually two years, indicating that a credit check has been performed.

Common Misspellings for HARD PULL

• hard poll
• gard pull
• bard pull
• nard pull
• jard pull
• uard pull
• yard pull
• hzrd pull
• hsrd pull
• hwrd pull
• hqrd pull
• haed pull
• hadd pull
• hafd pull
• hatd pull
• ha5d pull
• ha4d pull
• hars pull
• harx pull
• harc pull

Etymology of HARD PULL

The term "hard pull" is commonly used in the context of credit inquiries. It refers to the action of a lender or creditor accessing an individual's credit report to assess their creditworthiness. The etymology of the term "hard pull" is not directly related to its meaning in this context but rather to the figurative sense of exerting effort or force. The word "hard" in "hard pull" conveys the idea of a substantial or significant action being taken, indicating that a thorough examination of the credit report is being conducted.