Quote:
Originally posted by AGDee
Yes, the more hits your credit report gets the lower your score gets so be careful when "shopping" for a mortgage or home equity loan. I was looking for the best interest rate on a home equity loan and one place warned me that it was lowering my score as I shopped around and each place was pulling my report. I think that's just unfair! Try to get information about their loans WITHOUT letting them get your credit report!
Dee
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Some places have a lot more ability to define what your loan looks like by looking at a detailed version of your credit history. If they see it's just got a few dings because of credit checks while you were loan shopping, I doubt (if you ask) they'll penalize you for it. Especially if you're just going somewhere else if you don't get your way.