CREDIT GLOSSARY
Soft Pull
Soft Credit Inquiry
A credit review that generally does not affect the subject's credit score.
What does Soft Pull mean?
A credit review that generally does not affect the subject's 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.
Soft Pull in context
A provider may use a soft pull for an initial eligibility review.
Why it matters in financing
Soft 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.