is it right to check your credit score regularly?
DESCRIPTION
There is actually nothing wrong with checking your personal credit history regularly. It won't affect your credit scores in any way. Why is this possible? Here are the reasonable answer for you. - http://www.newhorizon.org/credit-info/checking-credit-score-regularly-affect-credit-report/ To check credit score regularly visit: http://www.newhorizon.org/Info/creditreports.htm Or Contact Us! - http://www.newhorizon.org/NHBS/contact.htm Email us at [email protected] Toll Free Phone no. (888) 778-5677 - PowerPoint PPT PresentationTRANSCRIPT
Is it Right to Check Your
Credit Score Regularly?
By:
This is possible for
two types of inquiries.
Checking your credit score regularly would not affect your credit
scores in any way.
First is the result of your application for credit or any
transactions initiated.
Inquiries that are the result of an application you submitted can indicate that you have additional debt not yet shown as an account on your credit
report.
The second is the result of a review that does not involve
your credit account.
Unlike the first type, this is shown only to you. It will not affect your credit scores either and are
never received by lenders.
What most people overstate is the idea that
checking your credit scores regularly
has a big impact on your credit score. Truth is,
recent inquiries are listed
as a credit score factor but have little
impact on credit decisions.
If you have no negative information such as
criminal records, unpaid bills, and late payments in your credit history, there is
no reason for your application to be declined
just because you checked credit score regularly.
Lender's decision does not rely on how frequent you
check your credit score. They focus more on your
negative issues.
Source:http://www.newhorizon.org/credit-info/checking-credit-score-regularly-affect-credit-report/
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Contact Us!
Toll Free Phone no. (888) 778-5677