- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 29. Credit Analysis Models
- Subject 2. Credit Scores and Credit Ratings
CFA Practice Question
What will trigger a hard inquiry?
B. A mortgage broker checks your credit score in order to preapprove a loan.
C. You apply for a credit card.
A. An employer does a background credit check of an employee.
B. A mortgage broker checks your credit score in order to preapprove a loan.
C. You apply for a credit card.
Correct Answer: C
A hard inquiry may shave up to 5 points off your FICO score.
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