Does Your Credit Score Drop When You Check It


When it comes to finances, maintaining a healthy credit score is crucial. You might have heard rumors that checking your credit score can harm it. Is there any truth to this? In this comprehensive guide, we'll demystify the question: "Does Your Credit Score Drop When You Check It?" We'll delve into the intricacies of credit checks, and their potential impact, and provide valuable insights to help you manage your credit wisely.

1. Understanding Credit Scores

Your credit score is a numerical representation of your creditworthiness. Lenders, landlords, and even potential employers use it to assess your financial responsibility. But how is it calculated, and what factors influence it?

2. The Components of a Credit Score

To comprehend how checking affects your credit score, it's essential to understand its components. These include payment history, credit utilization, length of credit history, credit mix, and new credit inquiries.

3. Soft vs. Hard Credit Inquiries

Credit inquiries fall into two categories: soft and hard. Soft inquiries, such as personal credit checks, don't impact your score. In contrast, hard inquiries, often made by lenders during credit applications, can affect your score temporarily.

4. Monitoring Your Own Credit

Checking your credit score through reputable sources like credit bureaus or monitoring services is considered a soft inquiry. This means it won't harm your credit score.

5. The 10% Myth

Some myths suggest that regularly checking your credit score will reduce it. The truth is that monitoring your score frequently, even weekly, won't harm it. In fact, it can help you spot and address issues promptly.

6. Credit Score Fluctuations

Your credit score can naturally fluctuate due to various factors, such as changes in your credit utilization, payment history, or new accounts. Regularly checking allows you to track these fluctuations.

7. The Impact of Hard Inquiries

While checking your credit score won't hurt, applying for new credit often involves hard inquiries. Multiple hard inquiries in a short period can lower your score temporarily.

8. Minimizing Impact

To minimize the impact of hard inquiries, plan your credit applications strategically. Apply for credit only when necessary and maintain good financial habits.

9. Does Your Credit Score Drop When You Check It Frequently?

No, frequent checks won't harm your credit score. In fact, staying informed about your credit situation is a responsible financial practice.

10. Balancing Act

Maintaining a balance between regular monitoring and avoiding excessive hard inquiries is key to protecting your credit score.

11. How to Check Your Credit Score

To check your credit score, you can use free credit monitoring services, access annual free reports, or subscribe to credit reporting agencies.

12. Addressing Errors

Regularly checking your credit allows you to spot errors or fraudulent activities early, enabling you to rectify them promptly.

13. Frequently Asked Questions (FAQs)

What is a good credit score?

A good credit score typically falls in the range of 670-850. Higher scores increase your chances of getting approved for loans and credit cards with favorable terms.

How often should I check my credit score?

You can check your credit score as often as you like without affecting it. However, monitoring it at least quarterly is a good practice.

Can others check my credit without my permission?

In most cases, potential lenders and creditors need your permission to access your credit report. However, existing creditors and certain other entities may have limited access.

Can my credit score drop for other reasons?

Yes, various factors like late payments, high credit card balances, and collections can lead to a drop in your credit score.

Is credit repair worth it if my score has dropped?

Credit repair services can help address errors and improve your credit score. However, be cautious of scams and consider DIY credit repair options.

How long do hard inquiries affect my credit score?

Hard inquiries typically remain on your credit report for two years but have a diminishing impact over time.


In conclusion, the question, "Does Your Credit Score Drop When You Check It?" can be put to rest. Checking your own credit score through legitimate channels is a responsible financial habit that won't harm your score. In fact, it empowers you to make informed financial decisions, protect your credit, and achieve your financial goals. Remember, a healthy credit score is a valuable asset on your financial journey.

Improve your credit, improve your life. Dial (888) 804-0104 to receive expert tips on elevating your credit score.