How did the myth of ‘checking your credit score online will lower your credit score’ start

1. How do I check my credit score online in India?

2. Why does credit score checking online not damage your credit score? However, no one really knows where this myth started, but eventually, it has become very popular. Individuals tend to believe that when they check credit scores, it eventually dips the score down. This is the reason why individuals do not check their scores even after getting them for free. Simply put, a popular myth does not allow you to improve your score and keeps you away from checking your credit score. The reality is that a credit score check online will not damage your credit score at all. Rather, it helps you monitor it.

3. Improve your credit score • When you check your credit score online, it is known as a "soft check". Soft credit score checks online do not damage or impact your credit score anyway. It is often confused with hard inquiries. Hard inquiries are not soft checks. Hard inquiries are run by loan providers or credit bureaus over the credit profile of an individual while offering a particular line of credit. Hard inquiries damage your credit score because your credit history is verified.

4. The benefits of checking your credit score online • The credit score check option is completely free of charge. There are various non-banking companies and digital platforms that offer an instant weak credit score check option. You can get your credit score and credit report completely free of charge without paying anything. • When you check your credit score, you are able to detect various errors and mistakes present in your credit report. If you are working on your credit report but still get a low credit score, it is because of the errors present in the report. Unless you check your credit score, you will not be able to understand and detect the errors. No matter how much you want to improve your score, these errors will damage your credit score further. For Business Loan visit : business loan apply online.

5. Checking your credit score will help you improve your score Checking your credit score will help you improve your score from time to time. It helps you track your score improvement and check all the improvements that are taking place. It is important to check your credit score before you apply for any line of credit. It helps you to understand your credit eligibility so that you know whether you are eligible to borrow money or not.

6. Thank You For more information please contact: Clix Capital Services Private Limited Email: hello@clix.capital | Mobile: 18002009898