I cant edit my last question..so here's my new question.
this website, www.freecreditreport.com. is it true that if I check my credit score, this will hurt my credit..I don't have my credit just yet (trying to build one) I just wanna know what its gonna say if i check..
2007-08-18 09:04:34 · 8 answers · asked by verdalie 1 in Business & Finance ➔ Credit
No checking your own credit will not hurt you. It is only when other people look at it.
2007-08-18 09:09:57 · answer #1 · answered by Nally25 3 · 0⤊ 0⤋
Checking your credit is not only a good idea it is suicide not to do so. There are 3 credit agencies.
I suggest you set up a schedule ... you have the right to access your credit info once a year for free ... do a different one every 4 months.
What you should be looking for is any agency claiming to be doing business with you that is not really. This is evidence of identity theft.
You can tell the agencies that you do not want your info given out for marketing purposes. That way the only places they give out info to are those you are actually doing business with.
For a small fee, you can subscribe to some place that will check your credit story with all 3 agencies like monthly, and let you know when anything is added to change your credit story.
2007-08-18 15:27:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you get a new loan or credit card, it will drop about 2 to 3% but it will bounce back within 30 days because it usually goes up 5 to 10% per month providing you are paying on time.
2016-05-22 04:40:22 · answer #3 · answered by johnna 3 · 0⤊ 0⤋
Hello verdalie
Here is a blog where you will find the most 3 mistakes that
could harm your score plus many questions and answers
about credit scores and reports
http://onlybestdeals.blogspot.com/2007/08/top-3-credit-mistakes-which-will-harm.html
Good Luck verdalie I Hope this Help You , , ,
2007-08-18 09:17:54 · answer #4 · answered by S a l m a 2 · 0⤊ 0⤋
When you check your credit yourself it doesn't hurt your credit score, however if you apply for a line of credit this hard inquiry can. If there is an inquiry from an insurance company, this soft inquiry as well as other soft inquiries (those from your job) won't hurt your score.
2007-08-18 09:47:40 · answer #5 · answered by Nolton J 1 · 0⤊ 0⤋
Like the others said, when "you" pull your own credit reports and scores it will not hurt since they are softs.
I would strongly suggest that you DO NOT use freecreditreport to get either your credit reports or scores from.
The FTC considers that site nothing but a scam site.
Go directly to the FTC site annualcreditreport.com to get your free annual FACTA report.
As for your scores, no matter where you get them you will have to pay for them. If you are planning on purchasing your scores, you should purchase your "true" scores from myFICO rather than getting fako scores from other sources.
2007-08-18 11:58:14 · answer #6 · answered by echo 7 · 0⤊ 0⤋
NOT true, checking your own credit is what is called a "soft" inquiry and doesn't show to lenders looking at your credit report
2007-08-18 09:17:47 · answer #7 · answered by Craig T 6 · 0⤊ 0⤋
No, checking your own credit will not effect it at all.
When others check it because you are trying to get credit, then it will negatively effect it...
2007-08-18 09:23:45 · answer #8 · answered by Mike 6 · 0⤊ 0⤋