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Checking your score, by law, cannot affect your credit score.
However, if several companies check your score in a short time (say you applied for several cards at once), then this will temporarily hurt your score.
This depends on how and where you check.
There are three major credit repositories: Equifax Experian TransUnion
If a consumer goes to each bureau and requests their raw data, there is no impact their credit score.
If, however, a consumer goes to a third party vendor, even through the bureau's own website, that WOULD generate an inquiry which MAY lower your credit score.
Inquiries have very little impact on your credit score. Credit scores have been redesigned in recent years to account for the fact that many people shop for credit. The main factors in lowering a credit score are 1)making late payments or outright default and 2)level of credit balances.
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Yes it does effect your credit score some how when u check it your score drops alittle. because i check my credit score to take a loan and it was just at the good mark for th…e loan. but wheni went to get thw loan they denied me because of my credit. and they took out for checkin it. The above reply is correct if you are checking your report. It is incorrect if you are asking about others checking your credit report. How often you have attempted to use credit can lower your credit score. You need to be careful of applying for credit or a mortgage over the internet. Many of these are just "lead factories" who will sell your information to numerous companies. If there are an abnormal number of requests then it is possible that your credit score will be lower. For an in depth discussion of your credit score see
Answer Checking accounts are not normally reflected on a credit report.
Does it hurt your credit score when you have a credit report service that allows you to check your credit score as much as you want?
Answer It only hurts your credit score when someone else pulls your credit report.
Answer You get a free report annually. Otherwise you have to pay. Simply got to freeannualreport.com and you can view your report from the 3 major …agencies. Otherwise you have to pay, which is beyond me. Why should anyone have to pay to see their own information, especially if it's fraudulent?
\n. \n Answer \n. \nTry this site www.annualcreditreport.com you are entitled by law to review your credit report for free from all reporting agencies annually. this o…nly works once a year so plan it well, and since its not a lender inquiry it will not affect your credit rating. good luck
Answer . Why Worry About Your Credit Score. So Much Fuss ! You Should Dispute A Error On Any Report. And I`m Sure It Would Not Affect Your Score By Doing So.
Answer . Chking your credit report does not lower it ... it actually raises it a few points.. I found this out when I was trying to get a mortgage loan
My credit card does not have a limited amount and there is no amount reported on my credit report does that hurt my credit scores?
Actually, it could affect the score negatively, yes. If the bureaus don't have a way to measure that tradeline balance against what the max is on the card, they can't sc…ore you on it. That said, that tradeline can affect your credit score by the following factors: How long the credit card has been open, if there is an active balance being paid on time, any late payments ever, largest amount you ever borrowed on that card (and how it relates to the current reporting balance). The above is not an exhaustive list, but it does show that there are many factors for EACH tradeline as they relate to a collective score. The algorithms change regularly so that there is no sure-fire way of knowing exactly how much any particular thing affects the scores. However, there are general guidelines available on the web.
Too many inquires on your credit report can hurt your score since it may appear that you are applying for too much credit at once.
No, checking your own credit score is called a "soft inquiry" and will not affect your credit score. Only "hard inquiries" - those from potential lenders affect your score.
yes they do, they impact your score greatly
It depends on what type of report you get. The cheapest form of credit report won't actually tell you the actual score the agency has for you - just show general information w…hich you can check to see if there are any errors that need correcting, or old information that ought to be removed. They also have a subscription service which will actually detail a credit score which should be clear in the report, however each agency will have it's own criteria to which you are judged and you will find the score differs across each credit agency.
A credit report basically contains information about your credit history, whereas Credit score is a number which is generated on the basis of your credit report. Score totally… depends upon one's credit record, if history is good, credit score will be high. I always check my credit score free at Freecreditscore.com.
A credit report can be obtained from the three major credit rating companies once annually for free. It can be beneficial to check these reports not only to prevent identity …theft, but also to check for errors made by banks, which can adversely affect your credit score. Checking your report too often with credit checking sites is ill-advised, as your credit score will actually go down every time someone requests a copy.