Quote:
Originally Posted by camaroguyBC
Also, maybe I'm misinformed on this...but be careful about how frequently you run credit checks on yourself (especially the ones you have to pay for)...but I've heard that lots of inquires of your credit history can actually lower your credit rating since it's assumed that lots of inquires = lots of spending / loans.
|
This IS a true statment, and a fact. I was told this by more than one loan officer whom I know personally.