There are many places where you can check your credit score. Most of the time, these sites do not affect your credit score in any way, because they do not report to the credit bureaus. However, it’s always good to know which ones free and also don’t affect your credit score so you won’t be wasting your time or money on sites that don’t help you at all. Here are three places where you can check your credit score without affecting it or incurring any type of cost to yourself.
1: Checking Your Score Won't Hurt Your Credit
When you’re looking to keep track of your credit score, one of the most common questions is will check my credit hurt my credit? The answer is a resounding no. Checking your credit score won’t have any negative effect on your credit score. This is because when you check your credit score, it is called a soft inquiry and is not visible to lenders or used to calculate your credit score.
Soft inquiries happen when someone requests their credit report or when they are pre-approved for offers, such as a new credit card. A soft inquiry does not show up on your credit report, nor does it factor into your credit score calculation. As such, it is safe to check your credit score as often as you need without worrying that it will lower your credit score.
2: There are Different Types of Checks
When you’re looking to check your credit score, it’s important to understand that different types of checks can be performed. Knowing the difference between these checks can help you make sure your credit score is not being negatively impacted in the process.
The two main types of checks are soft checks and hard checks. Soft checks do not affect your credit score and generally take place when lenders review your credit profile. This can include things like pre-qualification inquiries or promotional inquiries, both of which are considered soft pulls. Hard checks, on the other hand, can affect your score.
Since they occur when a lender is making a final decision on a loan or credit card application.
3: Some Checks Are Hard Inquiries
When it comes to checking your credit score, there are a few different places to turn. It is important to understand the difference between a hard inquiry and a soft inquiry when it comes to checking your score. A hard inquiry occurs when a lender your credit report to make a lending decision. These inquiries can impact your credit score and can remain on your credit report for up to many years.
On the other hand, a soft inquiry does not impact your credit score and does not show up on your credit report. Some examples of soft inquiries include an employer checking your credit, or when you check your credit score. When you check my credit score with one of these services, you are performing a soft inquiry.
4: Soft Inquiries Won't Hurt Your Score
It’s always a good idea to check your credit score regularly to keep track of your financial health. But you might be wondering, what credit place does not affect my credit when I check my credit? The good news is that many places do not affect your credit score at all when you are checking it.
Soft inquiries are those that are made when you or a company are trying to obtain more information about your credit score without negatively impacting it. Examples of soft inquiries include employers reviewing your credit history to determine if you’re a responsible and reliable employee, or when you check your credit score.
These soft inquiries will not appear on your credit report and therefore have no impact on your credit score. This means that if you check your credit score regularly, or have potential employers or lenders requesting your credit score, you can rest assured that these soft inquiries won’t hurt your score.
5: You Can Check Your Score for Free
It’s important to know your credit score if you’re looking to take out a loan, get a new credit card, or simply understand how your financial decisions are affecting your credit. Fortunately, there are plenty of ways to check your credit score without having to pay a hefty fee.
You can check your credit score for free on a variety of websites. These sites provide you with a credit report,
which will outline where you stand in terms of your credit history, so you can make informed decisions about how to manage your finances and improve your credit.
So, if you want to stay up-to-date with where you stand in terms of your credit score and financial situation, don’t hesitate to check my credit score for free. Knowing your score can be the first step in improving your financial health.
