Reply
New Visitor
Posts: 1
Registered: ‎07-12-2007
0

Credit Score Checking

Is it wise to use these products to constantly check your credit score? I see people saying how they want to be able to update and check their score daily like TrueCredit. But I thought checking your score had a negative effect on your credit report? I don't understand, can somebody explain how these products work.
Regular Contributor
Posts: 252
Registered: ‎03-16-2007
0

Re: Credit Score Checking

Only ScoreWatch monitors your FICO score -- and that's only for Equifax.
Highlighted
Moderator Emeritus
Posts: 16,375
Registered: ‎03-12-2007
0

Re: Credit Score Checking



RHymas wrote:
Is it wise to use these products to constantly check your credit score? I see people saying how they want to be able to update and check their score daily like TrueCredit. But I thought checking your score had a negative effect on your credit report? I don't understand, can somebody explain how these products work.

Hi! You might want to begin here.
 
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.