The Credit Score Information Site

Credit Score Myth 3: Consumers Can Hurt Credit Score by Checking Credit Report

This credit score myth is actually one of the most destructive of all myths. As a responsible individual, checking your credit report regularly will help you monitor your finances better. It could protect you from identity theft as well. Many experts even encourage consumers to check their credit reports at least twice a year, making sure that you get from all three credit bureaus. Your credit reports can be your basis for applying for a credit card or loan. If you notice any discrepancy, it would take some time to correct this and having a loan or credit card application being processed might not be a good idea.

In relation to this, it would hurt your credit score WHEN you ask your lender to do the checking. Each time a lender obtains a credit report, the inquiry is considered to be a “hard” inquiry and will surely affect your credit score. 

Further Reading: See below for more information on Myths About Credit Scores

Myths About Credit Sores: Introduction 
Myth 1: Boost Scores With Lower Credit Limits
Myth 2: Closing Accounts Will Improve Credit Scores
Myth 3: Consumers Can Hurt Credit Score By Checking Their Report 
Myth 4: Shopping Around For Best Rates Will Hurt Credit Score