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Member
Tubelo
Posts: 21
Registered: ‎02-01-2013
0

Does Scorewatch hurt your credit?

I apologize if this has been asnwered, but I cannot find an answer on these boards. 

 

Does the scorewatch by MyFico act as a "lender" per say, pulling your credit as a hard hit? Does it in ANY way affect credit scores?

 

Thank you, and my apologies again if this has been answred. If so, I can't see it at my old-ish age. :smileysad:


Starting Score: TU 595 -- EQ 550 -- EX FAKO 545
2013: TU 662 -- EQ 621 -- EX 633
Current: TU 698 -- EQ 636 -- EX 637
Goal Score: 750


Established Contributor
InvincibleSummer3
Posts: 640
Registered: ‎11-20-2012
0

Re: Does Scorewatch hurt your credit?

Nope. You're pulling your own credit, so that doesn't affect your score.

Member
Tubelo
Posts: 21
Registered: ‎02-01-2013
0

Re: Does Scorewatch hurt your credit?

Thank you! :smileyhappy:


Starting Score: TU 595 -- EQ 550 -- EX FAKO 545
2013: TU 662 -- EQ 621 -- EX 633
Current: TU 698 -- EQ 636 -- EX 637
Goal Score: 750


Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Does Scorewatch hurt your credit?


InvincibleSummer3 wrote:

Nope. You're pulling your own credit, so that doesn't affect your score.


+1

 

It is specifically mandated that the monitoring of one's own CR will not affect their scores.  Only lender pulls.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
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