Explain the impact of credit inquiries on an individual's credit score in detail. Cover the differences between [HARD INQUIRIES] (e.g., applying for a loan or credit card) and [SOFT INQUIRIES] (e.g., checking your own credit score). Specify how long each type of inquiry stays on a credit report and its effect on [CREDIT SCORE RANGES] (e.g., poor, fair, good, excellent). Provide actionable tips to minimize negative impacts, such as spacing out applications or prequalifying for offers. Use clear examples and avoid jargon where possible.