Will Checking Your Credit Score Have a Negative Impact?

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Can Checking Credit Score Lower It?


The impact of a credit score check depends on whether the inquiry is hard or soft.

Difference Between Hard and Soft Inquiries


Hard inquiries (from lenders) may temporarily lower your score; soft inquiries (self-checks) don’t.

How to Manage Hard Inquiries Smartly


Too many hard inquiries can hurt your credit score. Apply for loans only when necessary.

Benefits of Self-Credit Score Checks


Regular checks help identify credit report errors, track progress, and prepare for loan applications.

Check Your Credit Score and Apply With Confidence


Have a 750+ score? Apply online for personal loans of up to INR 30 lakhs* at SMFG India Credit.

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* Please note that this webstory is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us