Saturday, October 31, 2009

Does checking your own credit score reduce your score?

No it doe%26#039;s not.



When you check your own score is a soft pull and doe%26#039;s not count against you.



Only when you apply for credit through a lender and it%26#039;s a hard pull do you get dinged around 3-5 points.



The exception is when you looking for a auto or home loan then all pulls within a 14-day period only count as one. They all show on your bureau but you are only dinged for one.



Anyone who says different simply doe%26#039;s not know what they are talking about.



Does checking your own credit score reduce your score?

no ... it does not.... and neither does the inquiries that are on there from your creditors.



Does checking your own credit score reduce your score?

Yes it does, but it has to be excessive. I found this out with a Disney Card. I know, it%26#039;s an unlikely place. Disney Card checks your credit score every month to continually make sure that you still qualify for their card. If your credit score is checked too many times within a 6 month period, your score will drop. Unfortunately, I cannot tell you how much.



Does checking your own credit score reduce your score?

YES... it can lower it by 10 points each time you check it because the only people who are constantly checking their credit score are low lifes who have rotten credit to begin with.



Does checking your own credit score reduce your score?

Hi,



It doesn%26#039;t. Check out http://financeguru.consumerspot.info for some useful info and tips. Good luck!

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