Bank like a financial pro with the Alliant mobile app. Make payments, deposit checks, manage cards and so much more.
Renovate your kitchen, pay off high-interest debt, or have access to emergency funds when you need it with an Alliant Home Equity Line of Credit.
Browse new and used vehicle inventory, and qualify for a rate discount when you buy!81
Separate each of your savings goals into an Alliant Supplemental Savings Account so you can visualize your progress.
By Katie Levene
You may be surprised at some of the times your credit is pulled. We’ve provided a list below so that you’re prepared for the next time you apply for a new loan or open an account, especially if you have frozen your credit.
A credit pull, also known as a credit inquiry, is when a third party views your credit report. As you will see in the list below, there are two types of credit inquiries. Only hard inquiries negatively affect your credit score. A hard credit inquiry happens when a potential lender checks your credit to determine whether or not you qualify for a loan and at what rate. (You can learn more by reading: Know the difference between hard vs. soft credit inquiries.)
Your credit would be pulled if you apply for one of the following:
A third party may view your credit score in the following circumstances:
These items are surprisingly sometimes a hard credit pull. A credit score is composed of a variety of factors, including whether or not you pay your bills on time. A cable, phone or utility company will do an inquiry because they want to do business with people who pay their bills.
A rental car company will want to ensure that you can pay for any damages to your car. To avoid this check on your credit, you can simply pay for a rental car using a credit card. Need more info? Read: The best way to pay for a rental car
If you are concerned about whether or not your credit score will be impacted, give the company a call. Often times, on an application, the organization will be upfront about how they pull credit. If you are still unsure, a conversation is always best.
Good credit will help you get better rates and more lending opportunities. It could even help you get your dream job. In order to ensure you have a healthy score and it stays that way, learn how your credit score is calculated and ways to build your credit score.
Katie Levene is a marketer fascinated with finance. Whether the topic is about the psychology of money, investment strategies or simply how to spend better, Katie enjoys diving in and sharing all the details with family, friends and Money Mentor readers. Money management needs to be simplified and Katie hopes she accomplishes that for our readers. The saying goes, "Knowledge is Power", and she hopes you feel empowered after reading Money Mentor.
Get even more personal finance info, tips and tricks delivered right to your inbox each month.
Thanks for subscribing to Alliant's Money Mentor newsletter! You will now receive personal finance tips in your email inbox each month.
You are leaving Alliant’s website to enter a website hosted by an organization separate from Alliant Credit Union. The products and services on this website are being offered through LPL Financial or its affiliates, which are separate entities from, and not affiliates of, Alliant Credit Union.The privacy and security policies of the site may differ from those of Alliant Credit Union.
You are leaving an Alliant Credit Union website and are about to enter a website operated by a third-party, independent from Alliant Credit Union. Alliant Credit Union does not manage the operation or content of the website you are about to enter. Alliant Credit Union is not responsible for the content and does not provide any products or services at this third-party website. The privacy and security policies of the site may differ from those of Alliant Credit Union.