J
josh_c
Guest
My wife and I are currently looking for a lender to build a home. It seems that many of them want to pull our credit for estimates. Not all of them do, but many of them want to.
While this is going on, I find out that my car insurance is going up $50 a month for no reason. While I wait for the insurance rep to "get back to me" on why it went up so much (even he was surprised) when I've had no claims or problems with them, I decided to look into some other providers.
Of course, THEY want to check my credit to give me a quote. At what point does this become a hazard to my score?
It seems like we would want people to be able to shop around without being hit hard, so I'm hoping it is more of an urban legend than a reality when it comes to inquiries hurting your score, but it is still kind of scary.
While this is going on, I find out that my car insurance is going up $50 a month for no reason. While I wait for the insurance rep to "get back to me" on why it went up so much (even he was surprised) when I've had no claims or problems with them, I decided to look into some other providers.
Of course, THEY want to check my credit to give me a quote. At what point does this become a hazard to my score?
It seems like we would want people to be able to shop around without being hit hard, so I'm hoping it is more of an urban legend than a reality when it comes to inquiries hurting your score, but it is still kind of scary.