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What is a hard inquiry? Credit report terms explained
a hard inquiry explained in plain language for Canadians: what it means on your Equifax or TransUnion report and what you can do.
What a hard inquiry means
A hard inquiry is recorded when a lender checks your credit because you applied for credit. Too many can lower your score. An inquiry you never authorised can be disputed.
General information only, not legal advice. Laws change; check the current rules for your situation.