Question

credit inquiries are checks on your credit report. they can be either soft (not affecting your score) or hard (potentially lowering your score). label each action as either a soft or hard inquiry. employee background check pre - qualified insurance quotes qualifying for a phone installment payment plan soft inquiry hard inquiry

Explanation:

• Employee background check: Soft inquiries are often for non - credit - decision - making purposes like background checks. So it's a soft inquiry.
• Pre - qualified insurance quotes: Pre - qualification for quotes is typically a soft inquiry as it's not for the purpose of extending credit in a binding way. So it's a soft inquiry.
• Qualifying for a phone installment payment plan: When applying for a payment plan (which involves credit), it's a hard inquiry as it's for a credit - related decision that can affect the score.

Answer:

• employee background check: Soft inquiry (select the circle under "Soft inquiry" for this action)
• pre - qualified insurance quotes: Soft inquiry (select the circle under "Soft inquiry" for this action)
• qualifying for a phone installment payment plan: Hard inquiry (select the circle under "Hard inquiry" for this action)