Checking your credit report too often can hurt your score

Even though people generally don’t know this, but ordering your own credit report or score has absolutely no negative effects on your FICO score. What cause the harm are excessive credit applications, like home loans, car financing or new credit cards.

How it can cause more damage:

Unless you check your credit report periodically, there’s no way you can check for discrepancies. To maintain your score at its highest point, it is essential that you check your report periodically and make sure that all accounts and their information are correct. With identity theft on the rise, it is even more important in these times than ever.