IUP = Hardpull

GetSwole37

macrumors regular
Original poster
Jun 23, 2010
124
68
just a heads up. I called Citizens bank and was told since it's Apple who is doing the loan initiation, they are the ones controlling the type of pull. After calling Apple and basically interrogating them (she wasn't sure at first), I had her ask to confirm and specifically mentioned that this was important to me because of ongoing personal situation (bs story). She did come back to tell me that it would be a hard pull. Even if you already in the program. Now, could I have gotten someone that once again doesn't know and plays it safe? Potentially. However that's enough for me to decide to not pull the trigger on just the pre approval. I was tempted to go ahead and order phone and play the roulette wheel to see if I even had a chance to get a phone on first day they come out. With this news, it's not worth it to me as I already have been on the "not going to get" list. My theory was get it and Not open and review it at store. If it didn't wow me at that time and change my opinion of what I think about it now, I would return it so that it's not an open box and can be sold as new.

This was the icing on the cake w my decision.

As is, I was already having a hard time thinking that the cost of the phone is just not worth the yearly upgrade. It used to be fine when a phone was less than a laptop and you could justify the price because it was like a small laptop in your pocket at a cheaper price. However. At the prices now, you have to look at it as, it's now more than a laptop in some cases and people don't upgrade their laptops every year or even every two years so why have we been brainwashed to do that for our phones?

So there you go. I am releasing two potential iPhone purchases into the wild. Good luck to you all.
 

Shadowbech

macrumors 603
Oct 18, 2011
5,189
1,369
Apple iPhone World
First time IUP is a hard pull. But if you are currently on IUP and upgrading this year, it's a soft pull. I started IUP on 7 Plus and upgrade to 8 Plus this year and I do not see any hard pull on my credit report and I got the 8 Plus on Day 1.
 

GetSwole37

macrumors regular
Original poster
Jun 23, 2010
124
68
Why would you be so concerned if it's a hard pull or not?
If your credit will get damaged or drop significantly by that then thats an indication that you shouldn't be getting that one loan.
I bought a BMW X5 a few years ago and the guy gave me one of the best rates I have gotten on a vehicle. He told me it was the best score he had seen all week. So, yeah, try again buddy. Some people just care more about their outstanding credit than others. Especially vs people who have bad credit and don't care if they make it worse.
[doublepost=1508808069][/doublepost]
First time IUP is a hard pull. But if you are currently on IUP and upgrading this year, it's a soft pull. I started IUP on 7 Plus and upgrade to 8 Plus this year and I do not see any hard pull on my credit report and I got the 8 Plus on Day 1.
I saw that too in these forums. Why I decided to make the call. Did you check all three?
 
Last edited:

GetSwole37

macrumors regular
Original poster
Jun 23, 2010
124
68
I checked all three and none showed up on my report. BTW I believe they only report it only 1, which I believe is transunion.
Good info. It's concerning that Apple can't get their information straight. Perhaps if you scored high enough initially you wouldn't get a hard pull the next time? If they could tell me that then I would have no problem with that and go ahead and go ahead and try it. Again, it's not that big of a deal for me
 

Shadowbech

macrumors 603
Oct 18, 2011
5,189
1,369
Apple iPhone World
Good info. It's concerning that Apple can't get their information straight. Perhaps if you scored high enough initially you wouldn't get a hard pull the next time? If they could tell me that then I would have no problem with that and go ahead and go ahead and try it. Again, it's not that big of a deal for me
When I called Apple about it they said that too that it would be a hard pull but I took the chance and did it and didn't show up. I still do see the one from last year (will go off the report next year) but I don't see anything from this year.
 
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Mac Tyson

macrumors regular
Jul 1, 2010
125
87
Not a hard pull. My credit monitoring service usually alerts me of a hard pull. It didn't. I've been on IUP since it was offered. No hard pull last year after 1st year in the program either.
 

Applejuiced

macrumors Westmere
Apr 16, 2008
40,650
6,404
At the iPhone hacks section.
If your credit is great then you have nothing to worry about when it comes to a hard pull for a phone.
Unless you plan on getting another car loan or home mortgage around the same time you're pulling that IUP.
The few points that your score might dip it will go back up within a few months. So it's not a concern if you have good credit.

I bought a BMW X5 a few years ago and the guy gave me one of the best rates I have gotten on a vehicle. He told me it was the best score he had seen all week. So, yeah, try again buddy. Some people just care more about their outstanding credit than others. Especially vs people who have bad credit and don't care if they make it worse.
[doublepost=1508808069][/doublepost]

I saw that too in these forums. Why I decided to make the call. Did you check all three?
 

noteple

macrumors 65816
Aug 30, 2011
1,407
323
I checked all three and none showed up on my report. BTW I believe they only report it only 1, which I believe is equifax.
I exercised IUP today and was Pre approved on an iPhone X
There was No Hard pull reported across any of the three agencies or from my credit monitoring service

Maybe something will change on 10/27 or by delivery
 

JulesJam

Suspended
Sep 20, 2014
2,537
300
Most people report it is only a hard pull for the first phone you get in the AiUP.
 

AndrewR23

macrumors 68040
Jun 24, 2010
3,854
1,004
So you got one apple employee saying it’s hard? Lol.

I remember when all apple employees told me jailbreaking was permanent and can’t be erased. They don’t know anything.

But it’s soft. Check my credit every few months. Not once has it ever appeared. Even the first one was soft for me.
 

Arnezie

macrumors 65816
Oct 10, 2011
1,297
97
My credit is frozen and has been for 10 months and I just did the prior authorization stuff with apple yesterday for the X and it said I was all set so not sure how they could have done a hard pull on my credit ?
 

jclardy

macrumors 68040
Oct 6, 2008
3,398
1,947
Why would you be so concerned if it's a hard pull or not?
If your credit will get damaged or drop significantly by that then thats an indication that you shouldn't be getting that one loan.
It is important if you are doing something like getting a home mortgage. Your lender most likely won't care once they know, but they will want you to explain what it was with documentation to ensure you didn't just grab a $50k personal loan before applying.
 
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Applejuiced

macrumors Westmere
Apr 16, 2008
40,650
6,404
At the iPhone hacks section.
Well said.
I dont think they will bother you for getting a $1000 phone loan besides asking what its about. When I applied for a mortgage they asked me cause I had a few credit inquiries while I was shopping for home and car insurance.
I know some people really worry if they get a hard pull or not, its no big deal if you have decent credit since the small drop of the hard pull will go away soon anyway.

It is important if you are doing something like getting a home mortgage. Your lender most likely won't care once they know, but they will want you to explain what it was with documentation to ensure you didn't just grab a $50k personal loan before applying.
 
Last edited:

alent1234

macrumors 603
Jun 19, 2009
5,654
122
It is important if you are doing something like getting a home mortgage. Your lender most likely won't care once they know, but they will want you to explain what it was with documentation to ensure you didn't just grab a $50k personal loan before applying.

if your income to debt ratio is OK they don't care what loans you have. They won't even care if you buy a new car before funding as long as your income to debt ratio doesn't change enough for the rules of your loan program.

The whole mortgage thing only gets brought up because a lot of people buy a home at the limit of their income limit and new debt becomes an issue
 
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GDF

macrumors 6502
Jun 7, 2010
446
214
Complete agree. Not worth worrying about unless you have borderline credit.

If your credit is great then you have nothing to worry about when it comes to a hard pull for a phone.
Unless you plan on getting another car loan or home mortgage around the same time you're pulling that IUP.
The few points that your score might dip it will go back up within a few months. So it's not a concern if you have good credit.
 
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slippery-pete

macrumors 68000
Jun 23, 2007
1,650
567
just a heads up. I called Citizens bank and was told since it's Apple who is doing the loan initiation, they are the ones controlling the type of pull. After calling Apple and basically interrogating them (she wasn't sure at first), I had her ask to confirm and specifically mentioned that this was important to me because of ongoing personal situation (bs story). She did come back to tell me that it would be a hard pull. Even if you already in the program. Now, could I have gotten someone that once again doesn't know and plays it safe? Potentially. However that's enough for me to decide to not pull the trigger on just the pre approval. I was tempted to go ahead and order phone and play the roulette wheel to see if I even had a chance to get a phone on first day they come out. With this news, it's not worth it to me as I already have been on the "not going to get" list. My theory was get it and Not open and review it at store. If it didn't wow me at that time and change my opinion of what I think about it now, I would return it so that it's not an open box and can be sold as new.

This was the icing on the cake w my decision.

As is, I was already having a hard time thinking that the cost of the phone is just not worth the yearly upgrade. It used to be fine when a phone was less than a laptop and you could justify the price because it was like a small laptop in your pocket at a cheaper price. However. At the prices now, you have to look at it as, it's now more than a laptop in some cases and people don't upgrade their laptops every year or even every two years so why have we been brainwashed to do that for our phones?

So there you go. I am releasing two potential iPhone purchases into the wild. Good luck to you all.
Got preapproved yesterday, no hard pull. Many, many others in the same situation.
 

Mlrollin91

macrumors G5
Nov 20, 2008
13,480
8,689
Ventura County
As mentioned, its a hard pull the first year and as long as you remain in good standing, soft pulls every year after.

I had a hard pull in 2015 for my 6s. Nothing in 2016 for my 7Plus or 2017 for my 8Plus. (Yes I have checked all three reports).
 
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