Originally Posted by
blakeIV
That brings up an interesting question. What is a hard pull worth to you?
For me, it $250. I won't do a hard pull unless I'm getting $250 (conservatively) from the bonus. If a card pulls all 3 reports, then is $750 of value I need.
While most realize that credit is an asset, you also need to assign a value when you purposely impair that asset. Mine is $250 per pull.
I've wondered how to value that. How did you come up with the $250 figure, as opposed to some other number? I've been trying to weigh myself what the cutoff value is for which it is too low to be worth the pull.