2006-08-23 11:09:40 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
If you are doing the checking this is called a soft inquiry and doesn't effect your score. If you are applying for credit or someone else is running a credit check on you it can lower your score depending upon what your score is and how many times it is checked in a short period of time. If you credit is checked and you get approved your score generally doesn't go down.
2006-08-23 11:14:21 · answer #1 · answered by spottedtiger2002 1 · 0⤊ 0⤋
Some have indicated pulling your own report will be noted as a soft inquiry which does not impact you score. A soft inquiry is actually when a company views your report for reasons other than a credit application. Examples include employers of existing creditors verifying your information. A self inquiry is a separate category that does not appear on your report at all.
2006-08-23 20:26:32 · answer #2 · answered by STEVEN F 7 · 0⤊ 2⤋
If you pull your own report, it will be noted as a soft inquiry. Soft's will not hurt you. They do not ding your scores and you are the only one that will see it
If you apply for credit, it will result in a hard inquiry. That will ding your scores.
2006-08-23 18:26:16 · answer #3 · answered by echo 7 · 0⤊ 0⤋
every time you look for a loan everybody who check your credit will lover your credit score for up to 5 points. for credit agencies your inquiries look like you apply for new loans and you are more in risk to default on your loans . you have to wait 30 days for your credit to go back to normal, because even you apply in 3 different places for loan- you only took one loan, not three.
2006-08-23 23:15:16 · answer #4 · answered by bianca 4 · 0⤊ 0⤋
Everyone is right. If you check your own score it will not be affected. This is only a soft pull.
2006-08-23 19:56:10 · answer #5 · answered by Anonymous · 0⤊ 0⤋