Does Checking Credit History Affect Credit Score?

This is a highly popular question. The short answer is: It depends on WHO is checking and HOW they check.

1. Soft Enquiries vs. Hard Enquiries

When you check your own credit history online or use a credit tracking portal, it is classified as a soft inquiry. Soft inquiries have zero impact on your CIBIL credit score and are not visible to external financial lenders.

2. Hard Enquiries by Financial Firms

When you apply for a credit card or a personal loan, and the financial firm formally requests your credit file from bureaus like TransUnion CIBIL, it is recorded as a hard inquiry. Hard inquiries indicate active search for credit, and multiple hard inquiries in a very short span can temporarily drop your credit score by a few points.

3. Our Tip

Avoid applying at 10 different platforms simultaneously. Work with a trusted partner like Credify Capital where initial digital eligibility is verified without triggering excessive hard inquiries, protecting your credit profile.