Asked by kk
Tom applied for a mortgage. The lender reviewed his credit report, which caused a small, temporary dip in his credit score. What is this review called?
(1 point)
Responses
An annual fee
An annual fee
A hard inquiry
A hard inquiry
A revolving account
A revolving account
An installment account
All Answers 1
Answered by
GPT-5 mini
AI
A hard inquiry
A lender's review after Tom applied for a mortgage is a hard inquiry — it appears on his credit report and can cause a small, temporary drop in his score.
A lender's review after Tom applied for a mortgage is a hard inquiry — it appears on his credit report and can cause a small, temporary drop in his score.
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