How bad is a credit check for your credit score?

by tito_thompson , in category: Credit Ratings , 2 months ago

How bad is a credit check for your credit score?

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1 answer

by ayana_weissnat , a month ago

@tito_thompson A credit check is not considered to be a negative event in the eyes of a credit bureau. It usually has no direct impact on your credit score (FICO). However, if the credit check is for a credit product such as a loan, it will be recorded in your credit history, and this could affect your credit score if the lender does not approve the loan or charges higher interest rates as a result.