Is it true that the more your credit history gets checked?
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by potential loan and credit companies, you lose points on your credit score?
what about opening up credit cards? do you lose points from your score on that?
Is it true that the more your credit history gets checked?There are two types of inquiries on your credit files...A "soft" inquiry is one that is made by credit card companies that are looking for people to give "pre-approved" offers to....These inquires DO NOT affect your credit score at all.
A "hard" inquiry is when you physically fill out an application for new credit. If you fill out too many applications at once, this CAN cause a drop in your credit score.
Answer to your question: No....not unless you specifically filled out an application to give them permission to pull your credit.
Is it true that the more your credit history gets checked?It is true. Your score suffers every time you apply for credit and your credit "worthiness" is evaluated.
Once you are approved and open the card, your score is not dinged again.
Is it true that the more your credit history gets checked?actually having two credit cards and and two checking accounts is good for your score anymore your score does go down and the more you have your credit checked the more your score goes down as well because the agencies look at taht as your getting ready to spend money, but have two current credit cards shows that you pay your bills
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