For the music and arts festival, see Coachella Valley Music and Arts Festival. Coachella (/koÊËtÊÉlÉ/, /koÊ.ÉËtÊÉlÉ/) is a city in Riverside County, California; it is the easternmost city in the region collectively known as the Coachella Valley (or the Palm Springs area). It is located 28 miles (45 km) east of Palm Springs, 72 miles (116 km) east of Riverside, and 130 miles (210 km) east of Los Angeles.
Hard inquiries commonly take place when consumers apply for a credit card, auto loan, mortgage or other loan. On the other hand, soft inquiries typically occur when employers access your report to look for signs of risk or you check your own credit report or score from sites like Credit Karma, Credit Sesame or MyFICO.
âSoftâ inquiries are the result of reviews that are not for credit or that you donât initiate. They include getting your own credit report, preapproved credit offers, employment inquiries and reviews by existing lenders. Because they are only shown to you, they do not affect credit scores in any way. Why Inquiries Have an Impact on Credit Scores The primary reason hard inquiries influence credit scores is that they indicate you may have acquired new debt that does not yet appear on your report. Additionally, multiple applications within a short period of time may be a sign that you are having financial difficulties and are seeking credit to stay afloat, or to live beyond your means.