Why does checking your credit score hurt your credit? The only

>>2065295
If you don't know your credit score, Jews can upcharge you on loans.

I think it only negatively affects you if you check numerous times in a short period

Checking your credit score using things like credit karma are free and you get your free score once a year. A few points up or down in error isn't going to make a difference.

Checking your credit score multiple times in a small period hurts you because scumbags like ok will apply for loans all over town until it sticks.

>>2065300
Right. But why that? At any point, in any time should it not hurt you. It's a form of extortion.

The credit companies supply you with this form of "money" with no easy way of checking it. It should be illegal.

>>2065303
>will apply for loans all over town until it sticks.
What's wrong with applying for as many loans as you can? It's not easy finding a loan. It should be.

Also, why would personally checking your credit score effect applying for multiple loans?

>>2065295

The idea behind credit report inquiries hurting one's credit score is based on the premise that if several inquiries are made into your credit file by you, your bank, your existing auto loan, your existing credit card, your existing unsecured loan for furniture, etc. then there must be a problem that has arisen with your ability to repay.

Also, if you are going around town and applying for loans/credit with a shotgun approach then the possibility exists for you to become extremely over-extended by being awarded several lines of credit that exceed your capability to repay them in a timely manner.

The numerous inquiries penalty is there so you don't over-extend yourself, and cause losses to whatever Jew you're dealing with.

>>2065312
Because they're scared that you can easily game the system. It's the same thought process as getting three chances to log in to any system like email or Facebook before they lock you out for a day.