Credit report . Soft pulls. Credit score

Anonymous · ‎07-13-2016

All,
I've googled and searched on myfico about the negative effects self monitoring with CCT, CK on my score. I cannot get a straight answer.

What's the answer? Am I losing points pay obsessively checking my score?

Anonymous · ‎07-13-2016

The negative effects are zero. Zilch. Nada.

JLK93 · ‎07-13-2016

@Anonymous wrote:
The negative effects are zero. Zilch. Nada.

+1

Anonymous · ‎07-13-2016

Thanks!!!
That's what I learned here on the boards however my financial friend said it hurts 'a little' when it has pulled 'a lot'.

Truth or folklore?

Can lenders see the soft pulls?

JLK93 · ‎07-13-2016

@Anonymous wrote:
Thanks!!!
That's what I learned here on the boards however my financial friend said it hurts 'a little' when it has pulled 'a lot'.

Truth or folklore?

Can lenders see the soft pulls?

No, lenders cannot see soft pulls.

SouthJamaica · ‎07-13-2016

@Anonymous wrote:
All,
I've googled and searched on myfico about the negative effects self monitoring with CCT, CK on my score. I cannot get a straight answer.

What's the answer? Am I losing points pay obsessively checking my score?

What are you talking about. Obsessively checking my score has become my favorite hobby since I began hanging out with these guys.

You may lose points in life, but not in FICO

Unify FCU Platinum Visa Variable Rate 35k

TD Bank Business Solutions Visa (Bus) 23700

FNBO Evergreen Business Edition Visa (Bus) 20k

Liberty (formerly Evansville Teachers) FCU Platinum Prime Plus MC 15k

US Bank Triple Cash Rewards Visa (Bus) 12k

Geo-fenced credit union Platinum Visa 10500

Members 1st FCU Low Rate Platinum Visa 5k

PLOC: Langley FCU 40k; Penfed CU 15k; NFCU 15k; Teachers FCU 15k; Affinity FCU 10k. BLOC: NFCU 5k

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

Anonymous · ‎07-13-2016

Luv it. I've been checking constantly. Thinking of ways to improve. So just imagine the sinking feeling when she said yea checking often looking at CCT is hurting.

I'm going to cut and paste the wording that made believe she may be right

RobertEG · ‎07-13-2016

The very definition of a so-called soft pull is that it can be seen ONLY by the named consumer, and no others.

They cannot be included in any credit report provided to anyone else, including any party who scores the credit report.

Anonymous · ‎07-13-2016

Ok guys. Crisis averted. I reread the passages and you are right. So unless there is someone at the CRA doing the opposite I'm in the clear.

Here's to my obsession

Thx all

Anonymous · ‎07-16-2016

If i lost points for all the soft pulls I do I'd be down in the negatives.