CREDIT GLOSSARY
Hard Pull
Hard Credit Inquiry
A credit inquiry associated with an application that may affect a credit score.
What does Hard Pull mean?
A credit inquiry associated with an application that may affect a credit score. Professionals may calculate, document or apply this concept differently depending on the transaction, accounting method, lender policy and governing documents. Borrowers should confirm the precise definition used in any term sheet or agreement.
Hard Pull in context
Final underwriting may require a hard inquiry after borrower authorization.
Why it matters in financing
Hard Pull can influence how a lender, investor or advisor evaluates risk, pricing, structure, repayment capacity or transaction economics. It should be considered together with the complete financial picture rather than used alone.
Related credit terms
Educational information only. This definition is general, may not match a particular lender or contract, and is not financial, accounting, tax or legal advice.