Do Free Credit Scores Hurt Your Credit?


Do Free Credit Scores Hurt Your Credit?

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What is a Hard Inquiry?

Question What is a hard inquiry? Does it hurt my credit score? Answer There are 2 types of Inquiries that you may see on your Credit Report. One type of inquiry is called a hard inquiry and the other is a soft inquiry. A hard inquiry is a credit check that is made by a [...]


There’s a lot of new free services that exist, and everyone seems to be utilizing them to their advantage, but are they detrimental to your actual credit score, meaning will they hurt your score?

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What is a Soft Inquiry?

Question What is a soft inquiry and how does it affect my credit? Answer Inquiries occur anytime a company decides to do a credit check, or “pulls your credit report”.  These credit checks can involve hard pulls or soft pulls, also known as hard inquiries or soft inquiries. Soft inquiries (“soft pulls”) are caused by [...]

In short, no.

Many people assume that these services will cost them in points, by way of “hard inquiries“, but these services are actually producing ‘soft inquiries’. In this case the inquiries are known as consumer initiated inquiries. These types of inquiries don’t get calculated in your credit scores, so there is no need to be worried about using those free services (CreditKarma, for instance), or even all of them at once, if you wanted.

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Can You Get Items Removed From Your Credit Report Immediately?

Question: Is it possible to get negative items removed from your credit report immediately? Answer: Unfortunately, no. Removing negative items will take time to remove as it will require a few days to get your credit repair letters written (by hand, hopefully), mailed by certified mail, and then opened by the credit reporting agencies that have [...]

When you sign up for these services you will be required to prove who you are, to ensure that someone else isn’t attempting to look at your credit profile. You’ll need to enter all of your information, such as name, address, social security, DOB, etc; basically everything you would need if someone else (ie, a Car Dealership, Mortgage Company, etc) was going to pull up your credit profile.

Once you’ve entered this information you will be required to do a bit more to prove who you are. This usually consists of choosing your old/current home address, an old car or some other random question. Some of these won’t even be you, which is why they exist – to prove you aren’t trying to trick the system. Just be sure that you look over these questions closely so you don’t choose the wrong answers which will cause the system to detect fraud! Trust me, I’ve had this done by accident and it’s not very fun.

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What Should I do if my Identity is Stolen?

What Should I do if my Identity is Stolen? If you believe that your identity has been stolen, you need to take action immediately. But before you do that be sure that your identity was, indeed, stolen. First of all, how are you so sure that your identity has been stolen? Did you notice suspicious [...]

We believe that you should sign up for these services to protect your credit. Your score will not be affected in any way, nor will your chances of getting approved for that new credit card, car loan or mortgage!

Remember, soft inquiries do not affect your credit and all of these self credit services use soft inquiries when they pull up your information.

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How often should I check my credit score?

Question: How often should I check my credit score? Answer: You should keep a close eye on your credit score/profile to ensure that you don’t have any issues arise, unexpectedly. Things such as hard inquiries that you did not authorize, or even new accounts that do not belong to you. We highly suggest that you [...]