Will Checking Your Own FICO score Hurt it?

Posted on September 11, 2008 - Filed Under applications, inquiries | Leave a Comment

One piece of the formula of your FICO score is inquiries.  This is how many times you credit report has been request to be viewed.  The common thought that happens is when you check your FICO score it considered an inquiry and will count against your FICO score.
Well the folks over at Fair Isaac recognize [...]

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Hard or Soft

Posted on August 17, 2008 - Filed Under FICO Formula, applications | 1 Comment

One of the factors that helps to determine your FICO score is the inquiries. Meaning your applications for credit. The reasoning is based on the fact applying for several different account in a short period of time represents risk. Lenders begin to ask why does a consumer need all this credit. [...]

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