It is never too late or too early to improve your credit score. Whether you have a poor credit score, a good credit score, or little to no credit history, you can only benefit from monitoring, maintaining, and taking steps to improve your credit score. And with the New Year just around the corner, what better time than now to begin working on your credit score?
Credit scores are an important benchmark of your financial health. It’s also one of the first things your lender will determine when you start the VA Home Loan process. At VeteransLoans.com, we’ll soft pull your credit score when we work to get you pre-qualified, and then we’ll hard pull your credit score to get you pre-approved. Not all lenders are the same, though. What is the difference between a hard pull and a soft pull, what do they mean, and will they affect your credit score? Let’s break it down.