credit report/score -- too much access?

When you are accessing your own credit report, it doesn't lower your score. There are "hard pulls" on credit which affect your score which happens when a creditor checks to see if they can raise your spending limits or extend credit to you. Then there are "soft pulls" that don't affect your credit, and when you check it yourself, this is one of the examples of a soft pull.

If you apply to many companies for credit at the same time, that does lower your score because your report will show many inquiries in a short amount of time...maybe that is the scenario you were thinking.

The credit report updates depends on how quickly your creditors send updates to the credit bureau. Like some of my companies send them regularly each month, and some take a couple of months to update.

THANKS!

Hi Jippy

When you review your credit report you might see a number of credit inquiries appearing on your report. But do not worry... not all inquiries affect your credit score. The only inquiries that will negatively affect your FICO score are the ones that are made because of an application you made for credit. Too many of such credit inquiries by you might mean that you????????re debt struck and are looking for credit to help you out. These inquiries are the only credit inquiries that affect your credit score. Your own credit report requests, credit inquiries made by potential employers, businesses with whom you have already a credit with, or the businesses that want to offer you their services do not count toward your FICO score. These types of inquiries appear on your credit report, but do not have any influence on your score.