The short answer is no, it will not effect your credit score. Credit monitoring is what is called a soft inquiry, these types of inquires have no effect on your scores at all. You are allowed to check your credit anytime and as often as you like, as long as you do it through a service like we provide, and not through a lender.
When a lender pulls your credit information that is what is called a hard inquiry, these will have a short term effect on your credit score. Try to keep these down to a minimum as they will negatively effect your score. One thing to note is that if you are shopping for a big ticket item, such as a mortgage, or a auto loan, it is OK to shop around for the best rate. You are giving a grace period when you get your first hard pull, that way you are able to shop around with only taking one hit to your credit score.
Enrolling in a credit monitoring program is a great way to know exactly where you stand before you go shopping for these large ticket items. You will have with you your three credit scores, and you will know where you stand, and what rate you can expect when you go shopping for credit.
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