Monthly Credit Report

[Jack Terrazas]

Does my credit score get dinged each time we receive our monthly Turbo credit report? Also, is it as accurate as the 3 credit report agencies? Thanks, Jack

[DoninGA]

Your credit report through Turbo is from TransUnion, one of the three credit reporting agencies.  Your credit report and credit score provided is from a soft inquiry which does not affect your score.

[Anonymous]

the different agencies calculate your score on different dates and using different formulas so your credit score will probably differ among the 3 agencies.  

the 2 biggest factors used to determine your credit scores are

Payment history - Whether you've paid past credit accounts on time
Amounts owed - The amount of credit and loans you are using