Credit report pull up while account opening


NiyoX pull up the credit report from crif while opening the account. What is the need for the same? Does it impact the credit score?


Hey there! CRIF score is helpful in pre-filling some of the information asked, so as to reduce the effort and time taken in the onboarding process. It has no bearing on the account creation process or on the credit score for that matter. LK

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Thank you sir. Is that a soft enquiry? Also it is pulled up one time only?

Yes, that’s a digital enquiry and used for the one-time purpose only. LK

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digital inquiry=soft inquiry?

Yes, that’s what it implies! LK

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