Is it Bad to Check Your Credit Score Often?

In short, the answer to this would be yes. But there’s also a longer answer.

Although checking your credit often will lower your credit score, it only actually lowers it a few points with every hard inquiry. Soft inquiries, on the other hand, do not lower your score.

So what exactly is a hard and soft inquiry?

A lender or business checking your credit score would qualify as a hard inquiry. However, if a potential employer checks your score as a background check or you check your own score, that counts as a soft inquiry. And in those instances, it won’t negatively affect your score.