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New Member
posted Nov 1, 2019 3:33:48 PM

Monthly Credit Report

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

0 2 625
2 Replies
Level 15
Nov 1, 2019 3:48:32 PM

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.

Not applicable
Nov 2, 2019 12:37:47 AM

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