Don't belive the rumors

It's a common rumor...one that simply will not be put to rest...the myth: checking your credit data harms your credit score. But it's definitely not true.

Checking your own credit reports, credit scores, etc will not harm your credit score at all. Only when a lender checks your credit for the purpose of an application can a slightly damaging "hard inquiry" appear on your credit report. Each hard inquiry can cause about a 5 point drop in your credit score.