Checking Your Own Credit Report will NOT Hurt Your Score

We hope that by now most people know that checking your own credit report will NOT hurt your credit score. The FICO formula takes into consideration that you have to keep track of your credit history as you manage your credit score, so it ignores any inquiries you make into your own credit reports and credit scores.

Most experts agree that you should check your own credit history report at least once per year. Our recommendation would be to check your credit report and score with each credit reporting bureau twice per year. As long as you use a reputable service that is associated with the credit reporting agencies, such as MyFico.com, your credit score will be intact and you will not be taken advantage of.