With the development of society, the importance of personal credit is becoming more and more prominent, and personal credit record is also one of the important factors affecting personal credit. Then, what impact will it have on personal credit if you inquire about the credit records yourself?

1. Inquiring about credit records will affect personal credit score

Inquiring about credit records will affect personal credit score, because every inquiry will leave traces on personal credit report, which will be recorded by credit institutions, thus affecting personal credit score. Generally speaking, the more inquiries, the lower the personal credit score.

2. Inquiring about credit records will affect personal credit application

Inquiring about credit records will also affect personal credit application, because credit institutions will judge personal credit status according to the inquiry records in personal credit report. If there are too many inquiries, credit institutions may think that personal credit status is poor, thus rejecting personal credit application.

3. Inquiring about credit records will affect personal credit card application

Inquiring about credit records will also affect personal credit card application, because credit card issuers will judge personal credit status according to the inquiry records in personal credit report. If there are too many inquiries, credit card issuers may think that personal credit status is poor and refuse personal credit card application.

4. Inquiring about credit records will affect personal loan application

Inquiring about credit records will also affect personal loan application, because lending institutions will judge personal credit status according to the inquiry records in personal credit report. If the inquiry times are too many, lending institutions may think that personal credit status is not good, thus rejecting personal loan application.

5. Inquiring about credit records will affect personal credit card limit

Inquiring about credit records will also affect personal credit card limit, because credit card issuers will judge personal credit status according to the inquiry records in personal credit report. If there are too many inquiries, credit card issuers may think that personal credit status is poor, thus reducing personal credit card limit.

6. Inquiring about credit records will affect personal credit card interest rate

Inquiring about credit records will also affect personal credit card interest rate, because credit card issuers will judge personal credit status according to the inquiry records in personal credit report. If there are too many inquiries, credit card issuers may think that personal credit status is poor, thus increasing personal credit card interest rate.

To sum up, inquiring about credit records by yourself will have a great impact on personal credit. The more times you inquire, the lower your personal credit score will be, and your credit application and loan application will also be affected, as well as the credit card quota and interest rate. Therefore, individuals should control the number of inquiries when inquiring about credit records, so as not to affect personal credit.