Do you have a question about consumer credit? You may find an immediate answer by using the search engine. If you can't find what you're looking for, please fill out the form, being as specific as possible.
Please note: The Ask Experian team cannot respond to each question individually. However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future column.
The information contained in this column if for educational purposes only and is not legal advice. You should consult your own attorney or seek specific advice from a legal professional regarding your particular situation.
Please understand that Experian policies change over time. Column responses reflect Experian policy at the time of writing. While maintained for your information, archived responses may not reflect current Experian policy.
Topics addressed on May 25, 2011:
Purchasing your own scores will not hurt future credit scores
I obtained my free annual credit report a few days ago, but didn't purchase the score. I am not interested in obtaining the score. If I purchase a credit score does it give my credit a double hit? Also, when you obtain your score, does your score get lowered, and if so by how much?
You can get your personal credit report, and credit scores as often as you like without having a negative impact on your credit history or credit scores lenders may use when you apply for credit.
The reason is that when you get your personal report or purchase a credit score, whether through www.annualcreditreport.com or subscribe to a credit monitoring service such as www.FreeCreditScore.com, a soft inquiry is added to your credit report.
Soft inquiries are shown only to you on your personal credit report. Because they are not provided to lenders or others when you apply for services there is no negative impact on lending decisions or credit scores.
Thanks for asking.
- The "Ask Experian" team