Learn how hard inquiries can impact your credit score and what steps you can take to minimize them. Discover the risks of having too many inquiries and get tips on how to maintain good credit.
Why Does Checking Your Credit Score Lower It? Debunking the Myths and Understanding the Truth
Are you hesitant to check your credit score because you’re afraid it will lower it? This article debunks the common myths surrounding credit inquiries and explains the truth about their impact on your credit score. Learn about the differences between hard and soft inquiries, how frequent checks can affect your credit utilization ratio, and strategies for checking your credit score without lowering it. Take control of your credit score by understanding the facts!