[ZTWsquared]

Scorcher000,Mar 5 2009, 08:49 AM Wrote:Ya it's true it does but I find that retarded.
[right][snapback]282159[/snapback][/right]

I don't think this is exactly correct ... if you're talking about checking your own credit rating, doing that will make no difference to your credit rating no matter how often you do it.

If you're talking about a credit check someone else does on you, for example you've applied for a credit card or a loan ... the number of credit checks is important only to the extent that it could indicate a change in your credit worthiness; ie: a lot of credit checks in a short period of time would probably indicate you're applying for a lot of credit - which may indicate a change in your circumstances. But don't forget, you have the opportunity to explain all this to whomever may see your credit rating at the point where you give them permission to do a credit check in the first place.

Additionionally ... the only people who get to look at your credit history (technically) are those you've given permission to and practically speaking that's almost always when you're applying for credit. Point being that you have control over how many "credit checks" are done on your history.

When it comes to applying for credit honesty is always the best policy ... if they're going to find out about something negative anyway, it is always best if they hear it from you first.