Vol. 01 · Issue 04

The Smart Money — Weekly personal finance dispatches

Personal finance for people who want to be great with money — written by the friend who already is.

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Hard Pull

Also known as: Hard Inquiry

What it is

A credit check triggered when you apply for new credit. Costs a few points, falls off after 24 months, matters less than the internet says.

What it really means

Not the thing to worry about. Worry about 5/24 and utilization instead.

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