Using a Credit Monitoring Service Does Not Impact Credit Score

Many third-party organisations offer the facility of credit monitoring to the consumer. Credit monitoring agreement usually involves extending the facility to the consumer way she can check his credit report as any number of times as he likes for a fixed monthly or annual fee. While a credit monitoring programme is usually structured in such a way that the enquiries resulting as a result of the consumer accessing its own credit report is treated as a soft enquiry, and hence not affecting the credit score at all, you should read the terms and conditions of the contract before signing and confirmed with the third-party credit monitoring service as to the impact of using their programme on your credit score.

A notable credit monitoring service is offered by the National credit bureau Experian which allows you to access your credit report directly from the credit bureau. Using the credit monitoring service by experience does not affect your credit score.