Happy Friday Neo Community! 
We’ve been talking about credit a lot this month, and we know it can bring up questions.
So this is your space: What are you still confused about when it comes to credit? What part doesn’t quite make sense yet? Or if you’ve learned something that finally clicked - share it so others can benefit too.
What’s a credit question you have? Or a tip you wish you’d known earlier?
Drop it below 
Community and our team are here to help.
One thing I really wish I knew earlier was how much using over 30% of your credit can affect your score.
I really didn’t know the difference between hard and soft credit checks. Why does everyone seem to have to do a credit check? How do I know what kind of credit check is being done? is it okay to ask or say no to one?
I’ve been using the waterfall concept to deal with balances on high interest cards. Basically make a list of all debt with the interest and then pay the highest interest down first.
I’ve also been using 0% interest offers from credit cards to clear out high interest debt. Just need to make sure it gets paid off on time to avoid getting hit by the balance transfer interest.
fin-ugc
You can ask. Whoever is pulling your credit should know how this check will appear on your report. But the best way to figure it out your self is to determine why they want to check your credit.
If you’re looking to get approved for a credit product be it a personal loan, credit card or even a phone plan, then it should be a hard check.
If they just want to confirm your identity to rent an apartment or open a savings account, then that should be a soft check.
Either way, if you decline the credit check, they will probably decline you for whatever it was you were looking for.
fin-ugc
Do missed bill payment matter to credit as such?
Thank you for sharing, @DavidT. I added a tag so community members can easily find your post.
That depends on the bill in question.
For any bill that appears on your credit report (ie. most loans including credit cards and post-paid cell service), a missed payment will have a sizable impact on your score.
For other bills (like utilities and insurance) a missed payment will probably only impact your creditworthiness with that company so long as you settle your account before it’s sent to collections. If anything goes to collections, your credit will be considered junk for the next several years.