CFA Practice Question

There are 252 practice questions for this study session.

CFA Practice Question

What will trigger a hard inquiry?

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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