Checking your credit report can actually help your credit score, if what you learn leads to more responsible money management or a cleaner credit report. For example, if you find any inaccurate information or records that seem fraudulent, you will be able to quickly respond by filing a dispute with the credit bureau. Signing up for free credit-report monitoring also is a good idea for the same reasons.
Whenever you apply for a credit card, a hard inquiry is performed. The more hard inquiries made on your credit report, the more your score is likely to go down since it shows potential lenders that you're desperate for credit. It's a good idea to apply for a smaller number of credit cards, but ones that you have a better chance of being accepted for. You can closely monitor your credit score without damaging it right here on WalletHub! Our tool uses a soft inquiry system, which does not affect your score. To start, sign up and go to … read full answer/free-credit-score.
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