How did the myth of checking your credit score online to lower your credit score start
                     How did the myth of 
checking your credit 
score online to lower 
your credit score start?
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Why will checking your 
credit score not hurt 
your credit profile?
In India, individuals are not very well 
aware of their credit scores and credit 
report. They tend to believe more in 
myths than understand the reality 
behind them. There is a very popular 
myth regarding credit scores check in 
the loan industry. People very wrongly 
believe that checking your credit score 
online will actually lower it. However, no 
one really knows where this myth 
started, but eventually, it has become 
very popular. The reality is that a credit 
score check online will not damage 
your credit score at all. Rather, it 
improves your credit score and helps 
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Why does credit score checking 
online not damage 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. However, when you simply check your 
credit score online, you do not run any background 
checks. 
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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. Read Here : 
How is business loan calculated?.
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Wrapping up
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. Must 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 
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you know whether you are eligible to 
borrow money or not. 
Thank You
For more information please contact:
Clix Capital Services Private Limited
Email: [email protected]  |  Mobile: 18002009898  
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