If you are worried that
checking your CIBIL score go down if checked repeatedly. Then the answer is:
No, checking your own CIBIL score
repeatedly does not affect it. These are considered "soft inquiries"
and don't impact your credit score.
Only "hard inquiries," which
occur when a lender checks your credit report as part of a credit application,
can potentially affect your score.
When you check your own CIBIL score, it does not negatively impact your score. Such self-checks are classified as "soft inquiries," which are not visible to lenders and do not affect your credit score.
This is different from "hard
inquiries," which occur when a lender checks your credit report as part of
a credit application process. Hard inquiries can have a minor impact on your
score.
Regularly checking your own CIBIL score is a proactive way to monitor your credit health. It helps you stay informed about your credit status, spot any inaccuracies or potential issues, and manage your financial well-being effectively.
Therefore, you can check your CIBIL score as often as needed without worrying about it affecting your credit
score.
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