True or False? Checking Your Credit Report Hurts Your Credit

We’re starting a new series this week on common, persistent financial myths. First up is credit reports (we covered the basics a few weeks ago). Our coaches hear a version of this question a lot: will checking my own credit report hurt my credit score?
The short answer is no, checking your own credit report is not bad for your credit score. There are different types of requests to view credit reports and some do lower your score, so it’s an understandable mistake. But checking your own report not only doesn’t hurt your score, it can help you spot and remove mistakes (they happen) or catch fraudulent credit accounts opened in your name early before they do too much damage. Watch the short video here to find out the key difference between which requests do lower your score, and which don’t.